0001200100-13-000001.txt : 20131212 0001200100-13-000001.hdr.sgml : 20131212 20131212193111 ACCESSION NUMBER: 0001200100-13-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20131210 FILED AS OF DATE: 20131212 DATE AS OF CHANGE: 20131212 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ESSEX PROPERTY TRUST INC CENTRAL INDEX KEY: 0000920522 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 770369576 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 925 EAST MEADOW DR CITY: PALO ALTO STATE: CA ZIP: 94303 BUSINESS PHONE: 6504943700 MAIL ADDRESS: STREET 1: 925 EAST MEADOW DRIVE CITY: PALO ALTO STATE: CA ZIP: 94303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ZIMMERMAN CRAIG K CENTRAL INDEX KEY: 0001200100 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13106 FILM NUMBER: 131274746 MAIL ADDRESS: STREET 1: C/O ESSEX PROPERTY TRUST STREET 2: 925 E MEADOW DR CITY: PALO ALTO STATE: CA ZIP: 94303 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2013-12-10 0 0000920522 ESSEX PROPERTY TRUST INC ESS 0001200100 ZIMMERMAN CRAIG K C/O ESSEX PROPERTY TRUST 925 E MEADOW DR PALO ALTO CA 94303 0 1 0 0 Executive Vice President LTIP Units 2013-12-10 4 A 0 2000 0 A Common Stock 2000 2000 D Stock Option (right to purchase) 152.63 2013-12-10 4 A 0 10000 0 A 2023-12-10 Common Stock 10000 39500 D Represents LTIP Units in Essex Portfolio, L.P. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes and vesting as described in footnote 3 below, each LTIP Unit may be converted, at the election of the holder, into a unit of limited partnership interest in Essex Portfolio, L.P. (a "Common Unit"). Each Common Unit acquired upon conversion of an LTIP Unit may be converted into one share of Common Stock of the Issuer. LTIP Units are generally not convertible without the consent of the Issuer until two years from the date of the grant. The rights to convert LTIP Units into Common Units and to convert Common Units into shares of Common Stock do not have expiration dates. 500 of the LTIP Units granted are scheduled to vest 25% on each of the first four anniversaries of December 10, 2013, subject to continued employment through such dates. 1,500 of the LTIP Units granted are scheduled to vest 25% on each of the first four anniversaries of December 10, 2013, subject to continued employment through such dates and the achievement of certain performance criteria based on the Issuers total return to shareholders through December 10, 2014. In accordance with applicable Form 4 reporting requirements, the foregoing excludes 3,000 LTIP Units also granted on December 10, 2013 that are scheduled to vest 25% on each of the first four anniversaries of December 10, 2013, subject to continued employment through such dates and the achievement of certain performance criteria based on the Issuers relative total return to shareholders measured against industry-specific indices through December 10, 2014. 20% of these options will vest on 12/10/2014 and 1/60th of the options shall vest on each monthly anniversary thereafter. s/ Michael T. Dance Attorney in Fact 2013-12-12