0001616175-15-000001.txt : 20150106
0001616175-15-000001.hdr.sgml : 20150106
20150106203239
ACCESSION NUMBER: 0001616175-15-000001
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150105
FILED AS OF DATE: 20150106
DATE AS OF CHANGE: 20150106
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: Farias John
CENTRAL INDEX KEY: 0001616175
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13106
FILM NUMBER: 15511875
MAIL ADDRESS:
STREET 1: C/O STARWOOD WAYPOINT RESIDENTIAL TRUST
STREET 2: 1999 HARRISON STREET, 24TH FLOOR
CITY: OAKLAND
STATE: CA
ZIP: 94612
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2015-01-05
0
0000920522
ESSEX PROPERTY TRUST INC
ESS
0001616175
Farias John
C/O ESSEX PROPERTY TRUST
925 EAST MEADOW DRIVE
PALO ALTO
CA
94303
0
1
0
0
Group Vice President and CAO
LTIP Units
2015-01-05
4
A
0
1250
0
A
Common Stock
1250
1250
D
LTIP Units
2015-01-05
4
A
0
625
0
A
Common Stock
625
625
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 20% on each of the first five anniversaries of December 9, 2014, subject to continued employment through such dates. 750 of the LTIP Units granted are scheduled to vest 20% on each of the first five anniversaries of December 9, 2014, subject to continued employment through such dates and the achievement of certain performance criteria based on the Issuer's total return to shareholders through December 9, 2015. In accordance with applicable Form 4 reporting requirements, the foregoing excludes 750 LTIP Units also granted on January 5, 2015 that are scheduled to vest 20% on each of the first five anniversaries of December 9, 2014, subject to continued employment through such dates and the achievement of certain performance criteria based on the Issuer's relative total return to shareholders measured against an industry-specific index through December 9, 2015.
250 of the LTIP Units granted were vested upon grant. 375 of the LTIP Units granted are scheduled to vest based on the achievement of certain performance criteria based on the Issuer's total return to shareholders through December 9, 2015. In accordance with applicable Form 4 reporting requirements, the foregoing excludes 375 LTIP Units also granted on January 5, 2015 that are scheduled to vest based on the achievement of certain performance criteria based on the Issuer's relative total return to shareholders measured against an industry-specific index through December 9, 2015.
s/ John Farias
2015-01-06