Essex Property Trust (ESS) Form 3 ESSEX PROPERTY TRUST / Anne Morrison ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Morrison Anne

(Last) (First) (Middle)

C/O ESSEX PROPERTY TRUST

1100 PARK PLACE, SUITE 200

(Street)

SAN MATEO CA 94403

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/08/2022

3. Issuer Name and Ticker or Trading Symbol
ESSEX PROPERTY TRUST, INC. [ ESS ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP - General Counsel

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	707	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Purchase)(1)	12/04/2020	12/03/2029	Common Stock	1,314	311.43	D
Stock Option (Right to Purchase)(2)	12/02/2021	12/01/2030	Common Stock	4,044	248.7	D
Stock Option (Right to Purchase)(3)	11/30/2022	11/29/2031	Common Stock	3,222	339.44	D

Explanation of Responses:

1. These stock options are fully vested as of the date of this report. Stock options were subject to a $100 cap upon exercise.

2. 6,066 stock options were originally granted on December 2, 2020. 1/3 vested on December 2, 2021 and have been fully exercised as of the date of this report. Another 1/3 vested on December 2, 2022 and the remaining 1/3 will vest on December 2, 2023. Stock options are subject to a $100 cap upon exercise.

3. 1/3 of these stock options vested on November 30, 2022 and 1/3 on each anniversary thereafter ending on November 30, 2024. Stock options are subject to a $100 cap upon exercise.

Remarks:

Ex. 24 - Power of Attorney - Anne Morrison

	/s/ John Farias, Attorney in Fact	12/12/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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