ESSEX PROPERTY TRUST INC
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
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Sep 30, 2024 · Filed Oct 30, 2024
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Item 5. Other Information
Securities Trading Plans of Directors and Executive Officers
Except as described below, during the three months ended September 30, 2024, none of our officers or directors adopted, modified orterminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any "non Rule 105b-1 trading arrangement".
On August 19, 2024, Barbara Pak, Executive Vice President and Chief Financial Officer, entered into a "Rule 10b5-1 trading arrangement", as such item is defined in Item 408(a) of Regulation S-K, that provides for the potential exercise of stock options and associated sale of up to 34,698 shares of common stock. The plan will expire on August 19, 2026, subject to early termination for certain specified events as set forth in the plan.
On September 25, 2024, Irving Lyons, III, adirector, modified a previously adopted "Rule 10b5-1 trading arrangement", as such item is defined in Item 408(a) of Regulation S-K, that provides for the potential exercise of stock options and associated sale of up to 16,426 shares of common stock. The plan had an initial adoption date of June 10, 2021 and will expire on May 12, 2031, subject to early termination for certain specified events as set forth in the plan.
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