# EDGAR Filing Document

**Accession Number:** 0001608852
**File Stem:** 0000803649-23-000024
**Filing Date:** 2023-2
**Character Count:** 8362
**Document Hash:** 50aa14acb1c9a7719264744b8d584e4b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000803649-23-000024.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0000803649-23-000024

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230207

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230208

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Weinberg David S
- **CENTRAL INDEX KEY:** 0001608852

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-09317
- **FILM NUMBER:** 23599757

**MAIL ADDRESS:**
- **STREET 1:** CWH MANAGEMENT LLC
- **STREET 2:** TWO NORTH RIVERSIDE PLAZA, SUITE 600
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Equity Commonwealth
- **CENTRAL INDEX KEY:** 0000803649
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **IRS NUMBER:** 046558834
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** TWO NORTH RIVERSIDE PLAZA
- **STREET 2:** SUITE 2100
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312.646.2800

**MAIL ADDRESS:**
- **STREET 1:** TWO NORTH RIVERSIDE PLAZA
- **STREET 2:** SUITE 2100
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CommonWealth REIT
- **DATE OF NAME CHANGE:** 20100702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HRPT PROPERTIES TRUST
- **DATE OF NAME CHANGE:** 19980701

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HEALTH & RETIREMENT PROPERTIES TRUST
- **DATE OF NAME CHANGE:** 19940811

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

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Weinberg David S<br><sub>(Last) (First) (Middle)</sub><br>C/O EQUITY COMMONWEALTH<br>TWO NORTH RIVERSIDE PLAZA, SUITE 2100<br><sub>(Street)</sub><br>CHICAGO, IL 60606<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-07 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_EVP & Chief Operating Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Equity Commonwealth [ EQC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Shares of Beneficial Interest | 2023-02-07 |  | M |  | 15635<sup>(1)</sup> | A | <sup>(1)</sup> | 377856 | I | See footnote<sup>(2)</sup> |
| Common Shares of Beneficial Interest | 2023-02-07 |  | A |  | 30612<sup>(1)</sup> | A | <sup>(1)</sup> | 408468 | I | See footnote<sup>(2)</sup> |
| Common Shares of Beneficial Interest | 2023-02-07 |  | F |  | 23869<sup>(3)</sup> | D | $25.30 | 384599 | I | See footnote<sup>(2)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Share Units | <sup>(4)</sup> | 2023-02-07 |  | M |  |  | 15635 | <sup>(5)</sup> | <sup>(5)</sup> | Common Shares of Beneficial Interest | 15635.0 | <sup>(4)</sup> | 0 | I | See footnote<sup>(2)</sup> |
| Restricted Share Units | <sup>(4)</sup> | 2023-02-07 |  | A |  | 30611 |  | <sup>(6)</sup> | <sup>(6)</sup> | Common Shares of Beneficial Interest | 30611.0 | <sup>(4)</sup> | 30611 | I | See footnote<sup>(2)</sup> |

---

### Footnotes:

(1) Each Common Share of Beneficial Interest of Equity Commonwealth ("Common Share") was received in exchange for one Restricted Share Unit ("RSU"), subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable RSU agreement for the Reporting Person. Reflects Common Shares that were issued to the Reporting Person as a result of certain performance criteria being met with respect to previously granted RSUs and a portion of such RSUs vesting on the Transaction Date.

(2) These shares/units are held by the David S. Weinberg Revocable Trust, of which the reporting person is the trustee and a beneficiary.

(3) Reflects Common Shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted Common Shares and RSUs.

(4) Each RSU represents the right to receive one Common Share, subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable RSU agreement for the Reporting Person.

(5) On February 9, 2022, the Reporting Person received 31,270 RSUs as a result of certain performance criteria being met with respect to previously granted RSUs, vesting in two equal installments on February 9, 2022 and in February of 2023, subject to the Reporting Person's continued employment with Equity Commonwealth through such date.

(6) Reflects RSUs that were issued to the Reporting Person as a result of certain performance criteria being met with respect to previously granted RSUs. These RSUs will vest in February of 2024, subject to the Reporting Person's continued employment with Equity Commonwealth through such date.

**Signature:** /s/ Orrin S. Shifrin, attorney-in-fact  
**Date:** 2023-02-08

### Remarks:

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.**