VMRK

SEC source: 0001127602-17-021748 · form4.xml · derivative · entry 3

NEAL JOHN E · CIK 0001250232 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,588

Underlying: Common Shares Of Beneficial Interest · 5,588 shares

Expires 2027-06-15

F4 · shares: Represents share options granted for prospective service from the 2017 Annual Meeting of Shareholders to the 2018 Annual Meeting of Shareholders.

SEC source: 0001127602-17-021748 · form4.xml · nonDerivative · entry 1

NEAL JOHN E · CIK 0001250232 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,614

F1 · shares: Represents restricted shares granted for prospective service from the 2017 Annual Meeting of Shareholders to the 2018 Annual Meeting of Shareholders which are scheduled to vest on June 15, 2018.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-021073 · form4.xml · derivative · entry 4

Santee David S · CIK 0001383436 · Executive Vice President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares Of Beneficial Interest · 14,028 shares

Expires 2024-02-06

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: Represents options which are scheduled to vest on February 6, 2015, February 6, 2016 and February 6, 2017.

SEC source: 0001127602-17-021073 · form4.xml · nonDerivative · entry 3

Santee David S · CIK 0001383436 · Executive Vice President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,216

F2 · price: The price represents the weighted average price of the shares sold. The shares were sold within a range of $67.25 to $67.31. 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.

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

SEC source: 0001127602-17-021073 · form4.xml · nonDerivative · entry 2

Santee David S · CIK 0001383436 · Executive Vice President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 56,244

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

SEC source: 0001127602-17-020896 · form4.xml · nonDerivative · entry 1

STROHM BRUCE C · CIK 0001219718 · EVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,255

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

SEC source: 0001127602-17-020548 · form4.xml · derivative · entry 7

GEORGE ALAN W · CIK 0001219715 · Executive Vice President & CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares Of Beneficial Interest · 12,157 shares

Expires 2021-02-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: Represents options which vested in three equal installments on February 7, 2012, February 7, 2013 and February 7, 2014

SEC source: 0001127602-17-020548 · form4.xml · derivative · entry 6

GEORGE ALAN W · CIK 0001219715 · Executive Vice President & CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,157

Underlying: Common Shares Of Beneficial Interest · 16,000 shares

Expires 2021-02-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: Represents options which vested in three equal installments on February 7, 2012, February 7, 2013 and February 7, 2014

SEC source: 0001127602-17-020548 · form4.xml · nonDerivative · entry 4

GEORGE ALAN W · CIK 0001219715 · Executive Vice President & CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 86,436

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

SEC source: 0001127602-17-020548 · form4.xml · nonDerivative · entry 3

GEORGE ALAN W · CIK 0001219715 · Executive Vice President & CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 98,593

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

SEC source: 0001127602-17-020548 · form4.xml · nonDerivative · entry 2

GEORGE ALAN W · CIK 0001219715 · Executive Vice President & CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 86,436

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

SEC source: 0001127602-17-020548 · form4.xml · nonDerivative · entry 1

GEORGE ALAN W · CIK 0001219715 · Executive Vice President & CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 102,436

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

SEC source: 0001127602-17-019170 · form4.xml · nonDerivative · entry 1

Manelis Michael L · CIK 0001691784 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,582

F1 · price: The price represents the weighted average price of the shares sold. The shares were sold within a range of $65.6320 to $65.6350. 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 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-018485 · form4.xml · nonDerivative · entry 1

Kaufman Ian · CIK 0001381170 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,370

F1 · shares: Represents shares acquired through Equity Residential's Employee Share Purchase Plan.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-021073 · form4.xml · nonDerivative · entry 1

Santee David S · CIK 0001383436 · Executive Vice President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,216

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

SEC source: 0001127602-18-015244 · form5.xml · nonDerivative · entry 15

Brackenridge Alexander · CIK 0001633662 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,971

F1 · kind: All or a portion of the shares reported in these transactions may have been matchable to other transactions that occurred within a six-month period under Section 16(b) of the Securities Exchange Act of 1934. The reporting person has disgorged $8,282.91 to the issuer, the maximum amount of the profit realized in connection with any short-swing transactions, notwithstanding whether such disgorgement would actually be required by law.

F2 · kind: The shares reported in these transactions are held jointly with the reporting person's spouse in a separately managed account with a third-party investment advisory firm of which the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein. The transactions occurred in the sole discretion of the third-party investment advisor without direction from the reporting person or his spouse.

F3 · balance_after: Includes 132 shares held jointly with the reporting person's spouse in a separately managed account with a third-party investment advisory firm of which the reporting person disclaims ownership except to the extent of his pecuniary interest therein.

SEC source: 0001127602-17-009253 · form4.xml · nonDerivative · entry 1

STERRETT STEPHEN E · CIK 0001235739 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,074

F1 · shares: Represents shares acquired through Equity Residential's Employee Share Purchase Plan.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-009262 · form4.xml · nonDerivative · entry 1

NEAL JOHN E · CIK 0001250232 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,120

F1 · shares: Represents shares acquired through Equity Residential's Employee Share Purchase Plan.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-009248 · form4.xml · nonDerivative · entry 1

KEYWELL BRADLEY A · CIK 0001114238 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,282

F1 · shares: Represents shares acquired through Equity Residential's Employee Share Purchase Plan.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-009245 · form4.xml · nonDerivative · entry 1

SPECTOR GERALD A · CIK 0001219721 · Director · Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 277,179

F1 · shares: Represents shares acquired through Equity Residential's Employee Share Purchase Plan.

SEC source: 0001127602-17-009243 · form4.xml · nonDerivative · entry 1

Kaufman Ian · CIK 0001381170 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,349

F1 · shares: Represents shares acquired through Equity Residential's Employee Share Purchase Plan.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-009239 · form4.xml · nonDerivative · entry 1

STROHM BRUCE C · CIK 0001219718 · EVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,942

F1 · shares: Represents shares acquired through Equity Residential's Employee Share Purchase Plan.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-009237 · form4.xml · nonDerivative · entry 1

ZELL SAMUEL · CIK 0001024193 · Director · Chairman of the Board

10b5-1 filing: Not disclosed

Ownership: Indirect · Samuel Zell Revocable Trust

Disclosed balance after: 38,446

F1 · shares: Represents shares acquired through Equity Residential's Employee Share Purchase Plan.

F2 · balance_after: Shares reported herein are owned by the Samuel Zell Revocable Trust. Mr. Zell is sole trustee and beneficiary of the Samuel Zell Revocable Trust, and, as such, he is the beneficial owner of the shares reported herein.

SEC source: 0001127602-17-009236 · form4.xml · derivative · entry 4

WHITE B JOSEPH · CIK 0001193701 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,423

Underlying: Common Shares Of Beneficial Interest · 5,700 shares

Expires 2020-02-05

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: Represents options which vested in approximately three equal installments on February 5, 2011, February 5, 2012 and February 5, 2013 (for prospective service from the June 2010 annual meeting to the June 2011 annual meeting).

SEC source: 0001127602-17-009236 · form4.xml · nonDerivative · entry 2

WHITE B JOSEPH · CIK 0001193701 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,978

F2 · price: The price represents the weighted average price of the shares sold. The shares were sold within a range of $63.39 to $63.57. 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.

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

SEC source: 0001127602-17-009236 · form4.xml · nonDerivative · entry 1

WHITE B JOSEPH · CIK 0001193701 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,678

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

SEC source: 0001127602-17-005034 · form4.xml · nonDerivative · entry 1

Manelis Michael L · CIK 0001691784 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,582

F1 · price: The price represents the weighted average price of the shares sold. The shares were sold within a range of $61.351 to $61.352. 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 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-004612 · form4.xml · nonDerivative · entry 1

Sorenson Christa L · CIK 0001661968 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,091

F1 · shares: Represents the sale of shares for the payment of tax liability incurred upon the vesting of restricted shares.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-004613 · form4.xml · nonDerivative · entry 1

Kaufman Ian · CIK 0001381170 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,245

F1 · shares: Represents the sale of shares for the payment of tax liability incurred upon the vesting of restricted shares.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-004609 · form4.xml · nonDerivative · entry 1

Manelis Michael L · CIK 0001691784 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,082

F1 · shares: Represents the sale of shares for the payment of tax liability incurred upon the vesting of restricted shares.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-004611 · form4.xml · nonDerivative · entry 1

Brackenridge Alexander · CIK 0001633662 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,767

F1 · shares: Represents the sale of shares for the payment of tax liability incurred upon the vesting of restricted shares.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-004607 · form4.xml · nonDerivative · entry 1

Santee David S · CIK 0001383436 · Executive Vice President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,984

F1 · shares: Represents the sale of shares for the payment of tax liability incurred upon the vesting of restricted shares.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-004067 · form4.xml · derivative · entry 3

Sorenson Christa L · CIK 0001661968 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,908

Underlying: Common Shares Of Beneficial Interest · 4,908 shares

Expires 2027-02-02

F4 · derivative.exercise_date: Represents share options scheduled to vest in three equal installments on February 2, 2018, February 2, 2019 and February 2, 2020.

SEC source: 0001127602-17-004067 · form4.xml · nonDerivative · entry 1

Sorenson Christa L · CIK 0001661968 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,446

F1 · shares: Represents restricted shares scheduled to vest on February 2, 2020.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-004074 · form4.xml · derivative · entry 1

Santee David S · CIK 0001383436 · Executive Vice President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,856

Underlying: Common Shares Of Beneficial Interest · 8,856 shares

Expires 2027-02-02

F1 · derivative.exercise_price: On February 2, 2017, the reporting person received a grant of Series 2017B restricted limited partnership interests ("Restricted 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. Restricted 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 Restricted Units 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 Restricted Units reflected in this report also include any OP Units into which such Restricted Units automatically convert.

F2 · derivative.exercise_date: These Restricted Units are scheduled to vest on February 2, 2020.

SEC source: 0001127602-17-004099 · form4.xml · derivative · entry 1

Parrell Mark J. · CIK 0001414146 · Executive Vice President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 89,078

Underlying: Common Shares Of Beneficial Interest · 89,078 shares

Expires 2027-02-02

F1 · derivative.exercise_date: Represents share options scheduled to vest in approximately three equal installments on February 2, 2018, February 2, 2019 and February 2, 2020.

SEC source: 0001127602-17-004094 · form4.xml · derivative · entry 3

Kaufman Ian · CIK 0001381170 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,858

Underlying: Common Shares Of Beneficial Interest · 9,858 shares

Expires 2027-02-02

F4 · derivative.exercise_date: Represents share options scheduled to vest in three equal installments on February 2, 2018, February 2, 2019 and February 2, 2020.

SEC source: 0001127602-17-004094 · form4.xml · nonDerivative · entry 1

Kaufman Ian · CIK 0001381170 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,666

F1 · shares: Represents restricted shares scheduled to vest on February 2, 2020.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-004087 · form4.xml · nonDerivative · entry 1

Brackenridge Alexander · CIK 0001633662 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,247

F1 · shares: Represents restricted shares scheduled to vest on February 2, 2020.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.

SEC source: 0001127602-17-004078 · form4.xml · derivative · entry 6

NEITHERCUT DAVID J · CIK 0001219726 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 237,593

Underlying: Common Shares Of Beneficial Interest · 237,593 shares

Expires 2027-02-02

F5 · derivative.exercise_date: The reporting person received a grant of options as an alternative to cash in connection with all or a portion of their performance bonus. The options vested on February 2, 2017, the date of the grant.

SEC source: 0001127602-17-004078 · form4.xml · derivative · entry 5

NEITHERCUT DAVID J · CIK 0001219726 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 237,593

Underlying: Common Shares Of Beneficial Interest · 237,593 shares

Expires 2027-02-02

F4 · derivative.exercise_date: Represents share options scheduled to vest in approximately three equal installments on February 2, 2018, February 2, 2019 and February 2, 2020.

SEC source: 0001127602-17-004076 · form4.xml · derivative · entry 4

Altshuler Barry · CIK 0001633670 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,901

Underlying: Common Shares Of Beneficial Interest · 2,901 shares

Expires 2027-02-02

F5 · derivative.exercise_price: On February 2, 2017, the reporting person elected to receive a grant of Series 2017C restricted limited partnership interests ("Restricted Units") in ERP Operating Limited Partnership (the "Operating Partnership), the operating partnership of Equity Residential (the "Company"), as an alternative to cash in connection with all or a portion of their performance bonus. Restricted 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 Restricted Units 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 Restricted Units reflected in this report also include any OP Units into which such Restricted Units automatically convert.

F6 · derivative.exercise_date: These Restricted Units vested on February 2, 2017, the date of the grant and remain subject to a two year hold requirement.

SEC source: 0001127602-17-004076 · form4.xml · derivative · entry 3

Altshuler Barry · CIK 0001633670 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,535

Underlying: Common Shares Of Beneficial Interest · 25,535 shares

Expires 2027-02-02

F4 · derivative.exercise_date: The reporting person received a grant of options as an alternative to cash in connection with all or a portion of their performance bonus. The options vested on February 2, 2017, the date of the grant.

SEC source: 0001127602-17-004076 · form4.xml · derivative · entry 2

Altshuler Barry · CIK 0001633670 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,029

Underlying: Common Shares Of Beneficial Interest · 4,029 shares

Expires 2027-02-02

F2 · derivative.exercise_price: On February 2, 2017, the reporting person received a grant of Series 2017B restricted limited partnership interests ("Restricted 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. Restricted 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 Restricted Units 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 Restricted Units reflected in this report also include any OP Units into which such Restricted Units automatically convert.

F3 · derivative.exercise_date: These Restricted Units are scheduled to vest on February 2, 2020.

SEC source: 0001127602-17-004076 · form4.xml · derivative · entry 1

Altshuler Barry · CIK 0001633670 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,534

Underlying: Common Shares Of Beneficial Interest · 40,534 shares

Expires 2027-02-02

F1 · derivative.exercise_date: Represents share options scheduled to vest in approximately three equal installments on February 2, 2018, February 2, 2019 and February 2, 2020.

SEC source: 0001127602-17-004072 · form4.xml · derivative · entry 5

Manelis Michael L · CIK 0001691784 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,200

Underlying: Common Shares Of Beneficial Interest · 3,200 shares

Expires 2027-02-02

F8 · derivative.exercise_date: The reporting person received a grant of options as an alternative to cash in connection with all or a portion of their performance bonus. The options vested on February 2, 2017, the date of the grant.

SEC source: 0001127602-17-004072 · form4.xml · derivative · entry 4

Manelis Michael L · CIK 0001691784 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 318

Underlying: Common Shares Of Beneficial Interest · 318 shares

Expires 2027-02-02

F6 · derivative.exercise_price: On February 2, 2017, the reporting person elected to receive a grant of Series 2017C restricted limited partnership interests ("Restricted Units") in ERP Operating Limited Partnership (the "Operating Partnership), the operating partnership of Equity Residential (the "Company"), as an alternative to cash in connection with all or a portion of their performance bonus. Restricted 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 Restricted Units 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 Restricted Units reflected in this report also include any OP Units into which such Restricted Units automatically convert.

F7 · derivative.exercise_date: These Restricted Units vested on February 2, 2017, the date of the grant and remain subject to a two year hold requirement.

SEC source: 0001127602-17-004072 · form4.xml · derivative · entry 3

Manelis Michael L · CIK 0001691784 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,590

Underlying: Common Shares Of Beneficial Interest · 1,590 shares

Expires 2027-02-02

F4 · derivative.exercise_price: On February 2, 2017, the reporting person received a grant of Series 2017B restricted limited partnership interests ("Restricted 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. Restricted 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 Restricted Units 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 Restricted Units reflected in this report also include any OP Units into which such Restricted Units automatically convert.

F5 · derivative.exercise_date: These Restricted Units are scheduled to vest on February 2, 2020.

SEC source: 0001127602-17-004072 · form4.xml · derivative · entry 2

Manelis Michael L · CIK 0001691784 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,002

Underlying: Common Shares Of Beneficial Interest · 32,002 shares

Expires 2027-02-02

F3 · derivative.exercise_date: Represents share options scheduled to vest in approximately three equal installments on February 2, 2018, February 2, 2019 and February 2, 2020.

SEC source: 0001127602-17-004072 · form4.xml · nonDerivative · entry 1

Manelis Michael L · CIK 0001691784 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,515

F1 · shares: Represents restricted shares scheduled to vest on February 2, 2020.

F2 · balance_after: Direct total includes restricted shares of the Company scheduled to vest in the future.