Filing Details

Accession Number:
0001127602-12-004359
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-07 15:19:02
Reporting Period:
2012-02-03
Filing Date:
2012-02-07
Accepted Time:
2012-02-07 15:19:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
906107 Equity Residential EQR Real Estate Investment Trusts (6798) 363877868
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1346662 John Powers Two North Riverside Plaza, Suite 400
Chicago IL 60606
Executive Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Of Beneficial Interest Disposition 2012-02-07 1,407 $59.63 11,353 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Operating Partnership Units LTIP Units Acquisiton 2012-02-03 2,014 $0.00 2,014 $0.00
Common Shares Of Beneficial Interest Non-qualified Stock Option (Right to Buy) Acquisiton 2012-02-03 14,216 $0.00 14,216 $60.25
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,014 2015-02-03 No 4 A Direct
14,216 2022-02-03 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares Of Beneficial Interest 268 Indirect 401(k) Plan
Common Shares Of Beneficial Interest 11,300 Indirect SERP Account
Footnotes
  1. The price represents the weighted average price of the shares sold. The shares were sold within a range of $59.63 to $59.64. The reporting person will provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
  2. Direct total includes restricted shares of the Company scheduled to vest in the future along with shares acquired through dividend reinvestments.
  3. Represents shares acquired through profit sharing contributions and dividend reinvestment activity in the reporting person's account with the Equity Residential Advantage 401(k) Retirement Savings Plan, a plan qualified under Section 401(k) of the Internal Revenue Code of 1986, as amended. Such shares represent acquisitions through January 13, 2012.
  4. Represents shares owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan, for the benefit of the reporting person.
  5. On February 3, 2012, the reporting person received a grant of restricted limited partnership interests ("LTIP Units") in ERP Operating Limited Partnership (the "Operating Partnership"), the operating partnership of Equity Residential (the "Company"), in lieu of restricted shares of the Company as part of the Company's annual grant of long-term compensation. LTIP Units are a class of partnership interest that automatically convert into an equal number of limited partnership interests of the Operating Partnership ("OP Units") when the capital account related to the LTIP Units reaches a specified target for federal income tax purposes (provided such target is reached within ten years of issuance). Subject to any vesting requirements of the grant, OP Units are redeemable by the holder for common shares of the Company on a one-for-one basis or the cash value of such shares, at the Company's option. The LTIPs reflected in this report also include any OP Units into which such LTIP Units automatically convert.
  6. The LTIP Units are scheduled to vest on February 3, 2015.
  7. Represents share options scheduled to vest in approximately three equal installments on February 3, 2013, February 3, 2014 and February 3, 2015.