12/13/2024 | Press release | Distributed by Public on 12/13/2024 18:34
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
LTIP Units(1) | (2) | 12/11/2024 | C(2) | 3,831 | (2) | (2) | Common Stock | 3,831 | $ 0 | 0 | D | ||||
Operating Partnership Units | (2) | 12/11/2024 | C(2) | 3,831 | (2) | (2) | Common Stock | 3,831 | (2) | 11,331 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Kleiman Angela L. C/O ESSEX PROPERTY TRUST 1100 PARK PLACE, SUITE 200 SAN MATEO, CA 94403 |
President and CEO |
/s/ Brennan McGreevy, Attorney in Fact | 12/13/2024 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents long-term incentive plan units ("LTIP Units") in Essex Portfolio, L.P ("EPLP"). |
(2) | Represents the conversion of vested LTIP units, which were granted on December 9, 2014, into EPLP operating partnership units on a one for one basis. The right to convert LTIP units into EPLP operating partnership units does not have an expiration date. EPLP operating partnership units are exchangeable by the Reporting Person at any time for an equal number of shares of the Issuer's common stock. EPLP operating partnership units have no expiration date. |