EQUITY RESIDENTIAL — Director's Dealing 2018

Sep 7, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EQUITY RESIDENTIAL (EQR)
CIK: 0000906107
Period of Report: 2018-09-05

Reporting Person: SPECTOR GERALD A (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-05	Common Shares Of Beneficial Interest	M	13024	$19.67	Acquired	294287	Direct
2018-09-05	Common Shares Of Beneficial Interest	S	13024	$67.502	Disposed	281263	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-05	Non-qualified Stock Option (Right to Buy)	$19.67	M	13024	Disposed	2019-02-06	Common Shares Of Beneficial Interest (13024)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares Of Beneficial Interest	27500	Indirect
Common Shares Of Beneficial Interest	25015	Indirect
Common Shares Of Beneficial Interest	57187	Indirect

Footnotes

F1: The price represents the weighted average price of the shares sold. The shares were sold within a range of $67.50 to $67.53. 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.

F2: Represents shares beneficially owned by the Concord Lane Trust. Mr. Spector disclaims beneficial ownership of said shares except to the extent of any pecuniary interest therein.

F3: Represents shares held by the Spector Family Dynasty Trust (the "SFDT"). Mr. Spector is the sole trustee of the SFDT and, as such, may be deemed the beneficial owner of the shares reported herein.

F4: Represents shares beneficially owned by Mr. Spector's spouse. Mr. Spector disclaims beneficial ownership of said shares except to the extent of any pecuniary interest therein.

F5: Represents share options which vested in approximately three equal installments on February 6, 2010, February 6, 2011 and February 6, 2012.