Edgar Filing: ALEXANDER JOHN W

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:

3235-0287

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

ALEXANDER JOHN W

2. Issuer Name and Ticker or Trading Symbol
EQUITY RESIDENTIAL [EQR]

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

__X__ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

MALLARD CREEK CAPITAL PARTNERS, 101 TRYON STREET

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2006

(Street)

CHARLOTTE, NC 28280-0001

4. If Amendment, Date 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

(City)

(State)

(Zip)

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares of Beneficial Interest	02/03/2006		A⁽¹⁾		1,314	A	$ 42.8	45,381	D
Common Shares of Beneficial Interest								24,436 ⁽²⁾	I	SERP Account

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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 control number.		SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Non-Qualified Stock Option (right to buy)

$ 16.375

05/10/1999

05/10/2006

Common Shares of Beneficial Interest

10,000

10,000 ⁽³⁾

Non-Qualified Stock Option (right to buy)

$ 22.9688

11/16/2000

05/16/2010

Common Shares of Beneficial Interest

10,000

10,000 ⁽⁴⁾

Non-Qualified Stock Option (right to buy)

$ 23.375

05/17/2001

05/17/2009

Common Shares of Beneficial Interest

10,000

10,000 ⁽⁵⁾

Non-Qualified Stock Option (right to buy)

$ 23.55

08/07/2003

02/07/2013

Common Shares of Beneficial Interest

5,921

5,921 ⁽⁶⁾

Non-Qualified Stock Option (right to buy)

$ 24.625

05/14/2000

05/14/2008

Common Shares of Beneficial Interest

10,000

10,000 ⁽⁷⁾

Non-Qualified Stock Option (right to buy)

$ 25.75

08/04/2000

08/04/2007

Common Shares of Beneficial Interest

10,000

10,000 ⁽⁸⁾

Non-Qualified Stock Option (right to buy)

$ 25.865

11/15/2001

05/15/2011

Common Shares of Beneficial Interest

10,000

10,000 ⁽⁹⁾

Non-Qualified Stock Option (right to buy)

$ 27.2

01/17/2003

01/17/2012

Common Shares of Beneficial Interest

11,838

11,838 ⁽¹⁰⁾

Non-Qualified Stock Option (right to buy)

$ 29.25

01/27/2004

01/27/2014

Common Shares of Beneficial Interest

5,532

5,532 ⁽¹¹⁾

Non-Qualified Stock Option (right to buy)

$ 31.76

02/03/2005

02/03/2015

Common Shares of Beneficial Interest

4,743

4,743 ⁽¹²⁾

Non-Qualified Stock Option (right to buy)

$ 42.8

02/03/2006

4,445

08/03/2006

02/03/2016

Common Shares of Beneficial Interest

4,445

$ 42.8

4,445 ⁽¹³⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
ALEXANDER JOHN W MALLARD CREEK CAPITAL PARTNERS 101 TRYON STREET CHARLOTTE, NC 28280-0001	X

Signatures

By: Barbara Shuman, Attorney-in-fact		02/07/2006
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(4)	Share options reported on this line are fully exercisable.
(12)	Share options reported on this line will become exercisable in three equal installments on August 3, 2005; February 3, 2006 and February 3, 2007.
(10)	7,892 share options reported herein are exercisable; 3,946 will become exercisable on January 17, 2004.
(8)	Share options reported on this line are fully exercisable.
(13)	Share options reported on this line will become exercisable in three equal installments on August 3, 2006; February 3, 2007 and February 3, 2008.
(9)	6,668 share options reported herein are currently exercisable; and 3,332 share options will become exercisable on May 15, 2003.
(2)	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 and were acquired through Equity Residential's Employee Share Purchase Plan.
(1)	The Restricted shares reported in this grant are scheduled to vest on February 3, 2009.
(7)	Share options reported on this line are fully exercisable.
(11)	Share options reported on this line will become exercisable in three equal installments on July 27, 2004; January 27, 2005 and January 27, 2006.
(6)	1,974 share options reported herein will become exercisable on February 7, 2004; 1,974 share options will become exercisable on February 7, 2005; and 1,973 share options will become exercisable on February 7, 2006.
(5)	Share options reported on this line are fully exercisable.
(3)	Share options reported on this line are fully exercisable.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.