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* Pak Barbara (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) 01/01/2021	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) Executive Vice President & CFO	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	2,141(1)(2)	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)(3)	12/04/2020	12/03/2029	Common Stock	5,473	$311.43	D
Stock Option (Right to Purchase)(4)	12/02/2021	12/01/2030	Common Stock	15,770	$248.7	D

Explanation of Responses:

1. Includes 86 restricted stock units that are fully vested as of the grant date of December 7, 2017. In accordance with the applicable reporting requirements, the foregoing excludes 199 restricted stock units also granted on December 7, 2017 that may be earned subject to achievement of certain performance criteria based on the Issuer's relative total return to shareholders measured against an industry-specific index through December 7, 2020.

2. Includes 128 restricted stock units granted on December 7, 2017 that vested on December 7, 2020. In accordance with the applicable reporting requirements, the foregoing excludes 299 restricted stock units also granted on December 7, 2017 that vested on December 7, 2020, subject to the achievement of certain performance criteria based on the Issuer's relative total return to shareholders measured against an industry-specific index through December 7, 2020.

3. 1/3 of these options vested on December 4, 2020, and 1/3 on each anniversary thereafter ending on December 4, 2022. Stock options are subject to a $100 cap upon exercise.

4. 1/3 of these options vest on each anniversary starting on December 2, 2021 and ending on December 2, 2023. Stock options are subject to a $100 cap upon exercise.

Remarks:

Ex. 24 - Power of Attorney - Barbara Pak

	/s/ John Farias, Attorney in Fact	01/08/2021
	** 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).
** 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.
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