SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
STROHM BRUCE C

(Last) (First) (Middle)
TWO NORTH RIVERSIDE PLAZA, SUITE 400

(Street)
CHICAGO IL 60606

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EQUITY RESIDENTIAL [ EQR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel, Executive Vic
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2003
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares of Beneficial Interest 79,390(1) D
Common Shares of Beneficial Interest 4,000(2) I Custodian
Common Shares of Beneficial Interest 78,984(3) I SERP Account
Common Shares of Beneficial Interest 09/30/2003 M 11,800 A $21.0625 11,800(4) I Revocable Trust
Common Shares of Beneficial Interest 09/30/2003 S 11,800 D $29.3064 0(4) I Revocable Trust
Common Shares of Beneficial Interest 10/01/2003 M 13,200 A $21.0625 13,200(4) I Revocable Trust
Common Shares of Beneficial Interest 10/01/2003 S 13,200 D $29.3 0(4) I Revocable Trust
Series C Preferred Shares of Beneficial Interest 2,400 D
Series C Preferred Shares of Beneficial Interest 2,000(3) I SERP Account
Series C Preferred Shares of Beneficial Interest 2,400(4) I Revocable Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $21.0625 09/30/2003 M 11,800 01/24/2001 01/24/2010 Common Shares of Beneficial Interest 11,800 $29.3064 35,684(5) I Revocable Trust
Non-Qualified Stock Option (right to buy) $21.0625 10/01/2003 M 13,200 01/24/2001 01/24/2010 Common Shares of Beneficial Interest 13,200 $29.3 22,484(5) I Revocable Trust
Non-Qualified Stock Option (right to buy) $23.55 02/07/2004 02/07/2013 Common Shares of Beneficial Interest 63,816 63,816(6) I Revocable Trust
Non-Qualified Stock Option (right to buy) $25.3438 01/07/2001 01/07/2008 Common Shares of Beneficial Interest 80,000 80,000(5) I Revocable Trust
Non-Qualified Stock Option (right to buy) $25.844 01/18/2002 01/18/2011 Common Shares of Beneficial Interest 53,194 53,194(7) I Revocable Trust
Non-Qualified Stock Option (right to buy) $27.2 01/16/2003 01/16/2012 Common Shares of Beneficial Interest 54,692 54,692(8) I Revocable Trust
Non-Qualified Stock Option (right to buy) $27.6 07/11/2002 07/11/2011 Common Shares of Beneficial Interest 65,000 65,000(9) I Revocable Trust
Explanation of Responses:
1. Shares reported on this line are owned directly and some of the shares are subject to vesting.
2. Shares reported herein are beneficially owned by Mr. Strohm, not individually, but as custodian for his minor children. Mr. Strohm disclaims beneficial ownership of the shares reported herein.
3. Shares reported herein are owned by The Security Trust Company, as Trustee of the Equity Residential Supplemental Retirement Plan for the benefit of the Reporting Person.
4. Shares reported herein are indirectly held by Mr. Strohm in the Bruce Strohm Revocable Trust dated May 12, 1993.
5. Share options reported on this line are indirectly held by Mr. Strohm in the Bruce Strohm Revocable Trust dated May 12, 1993 and are fully exercisable.
6. 21,272 share options reported herein will become exercisable on February 7, 2004; 21,272 share options will become exercisable on February 7, 2005; and 21,272 share options will become exercisable on February 7, 2006.
7. Share options reported on this line are indirectly held by Mr. Strohm in the Bruce Strohm Revocable Trust dated May 12, 1993. 35,462 share options are currently exercisable; and 17,732 share options will become exercisable on Janaury 18, 2004.
8. Share options reported on this line are indirectly held by Mr. Strohm in the Bruce Strohm Revocable Trust dated May 12, 1993. 18,230 share options reported herein are currently exercisable; 18,231 share options will become exercisable on January 16, 2004; and 18,231 share options will become exercisable on January 16, 2005.
9. Share options reported on this line are held indirectly by Mr. Strohm in the Bruce Strohm Revocable Trust dated May 12, 1993. One-third of the options are currently exercisable; one-third will become exercisable on July 11, 2003; and one-third will become exercisable on July 11, 2004.
Bruce C Strohm 10/01/2003
** 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 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.