Form 4 for VMRK Vivmark Residential
Accepted 2025-02-07 00:00:00 ET · period of report 2025-02-05 · accession 0001127602-25-003573 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-02-07 | 2025-02-06 | VMRK | Fenster Scott | EVP, GC | S - Sale | $72.06 | -5,340 | 35.5K | -13% | -$384.8K |
| D | 2025-02-07 | 2025-02-05 | VMRK | Fenster Scott | EVP, GC | A - Grant | $0.00 | +12.2K | 12.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares Of Beneficial Interest | 2025-02-06 | S | D | 1,955 | $72.06 | 38,892 | D | — | — | (F1) Represents the sale of shares for the payment of tax liability incurred upon the vesting of restricted shares. (F2) Direct total includes restricted shares of Equity Residential scheduled to vest in the future. |
| 2 | Common | Common Shares Of Beneficial Interest | 2025-02-06 | S | D | 3,385 | $72.06 | 35,507 | D | — | — | (F1) Represents the sale of shares for the payment of tax liability incurred upon the vesting of restricted shares. (F2) Direct total includes restricted shares of Equity Residential scheduled to vest in the future. |
| 3 | Derivative | Restricted Units | 2025-02-05 | A | A | 12,197 | $0.00 | 12,197 | D | — · — to 2035-02-05 | 12,197 Common Shares Of Beneficial Interest | (F5) On February 5, 2025, the reporting person received a grant of Series 2025B restricted limited partnership interests ("RUs") in ERP Operating Limited Partnership (the "OP"), 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. (F6) RUs are a class of partnership interest that automatically convert into an equal number of limited partnership interests of the OP ("OP Units") when the capital account related to the RUs reaches a specified target for federal income tax purposes (provided such target is reached within ten years of issuance). Subject to the vesting requirements of the grant and certain other restrictions, OP Units are exchangeable 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 RUs reflected in this report also include any OP Units into which such RUs automatically convert. (F7) The Restricted Units are scheduled to vest on February 5, 2028. |