EQUITY RESIDENTIAL — Director's Dealing 2012

Jan 12, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EQUITY RESIDENTIAL (EQR)
CIK: 0000906107
Period of Report: 2012-01-11

Reporting Person: ALEXANDER JOHN W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-11	Common Shares Of Beneficial Interest	M	11838	$27.20	Acquired	70505.64	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-11	Non-qualified Stock Option (Right to Buy)	$27.20	M	11838	Disposed	2012-01-17	Common Shares Of Beneficial Interest (11838)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares Of Beneficial Interest	41494.895	Indirect

Footnotes

F1: Direct total includes restricted shares of the Company scheduled to vest in the future.

F2: Represents shares owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan, for the benefit of the reporting person.

F3: Represents share options scheduled to vest in three equal installments on January 17, 2002, January 17, 2003 and January 17, 2004.