THOMAS E. ROBINSON - 31 Aug 2021 Form 4 Insider Report for ESSEX PROPERTY TRUST, INC. (ESS)

Role
Director
Signature
/s/ John Farias, as Attorney in Fact
Issuer symbol
ESS
Transactions as of
31 Aug 2021
Transactions value $
-$263,113
Form type
4
Filing time
01 Sep 2021, 19:20:56 UTC
Previous filing
21 May 2021
Next filing
10 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESS Common Stock Options Exercise $560K +2.5K +55.01% $224.05 7.05K 31 Aug 2021 Direct F1
transaction ESS Common Stock Sale -$823K -2.5K -35.49% $329.30 4.55K 31 Aug 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ESS Stock Option (Right to Purchase) Options Exercise $0 -2.5K -100% $0.00* 0 31 Aug 2021 Common Stock 2.5K $224.05 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Under the terms of the stock option, the maximum value that the reporting person could receive is $100 per share. Accordingly, the value in excess of such amount, $5.25 per share, was remitted to the Issuer by the reporting person in addition to the exercise price of $224.05.