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EQUITY RESIDENTIAL — Director's Dealing 2013
Feb 12, 2013
30212_dirs_2013-02-12_99849482-abf7-47c6-b26a-2c00717a9d6e.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: EQUITY RESIDENTIAL (EQR)
CIK: 0000906107
Period of Report: 2013-02-07
Reporting Person: TENNISON MARK N (Executive Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-07 | Non-qualified Stock Option (Right to Buy) | $54.82 | A | 60666 | Acquired | 2023-02-07 | Common Shares Of Beneficial Interest (60666) | Direct |
| 2013-02-07 | LTIP Units | $ | A | 8742 | Acquired | 2023-02-07 | Operating Partnership Units (8742) | Direct |
Footnotes
F1: The amount of options granted to the reporting person on February 7, 2013 was incorrectly reported as 30,334 options on the reporting person's Form 4 filed on February 11, 2013.
F2: Represents share options scheduled to vest in three equal installments on February 7, 2014, February 7, 2015 and February 7, 2016.
F3: On February 7, 2013, 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.
F4: The amount of LTIP Units granted to the reporting person on February 7, 2013 was incorrectly reported as 13,113 LTIP Units on the reporting person's Form 4 filed on February 11, 2013.
F5: The LTIP Units are scheduled to vest on February 7, 2016.