UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No. 1
ESSEX PROPERTY TRUST, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
| 297178105 (CUSIP Number) |
July 24, 2003
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
x Rule 13d-1(c)
¨ Rule 13d-1(d)
CUSIP No.
| 1. | Names of Reporting Person.
John M. Sachs |
|||
| 2. | (a) . . . (b) x - Not a member of a group. |
|||
| 3. | SEC Use Only.
|
|||
| 4. | Citizenship or Place of Organization:
USA Citizen |
|||
| 5. | Sole Voting Power:
609,135 (1) |
|||
| 6. | Shared Voting Power:
844,296(2) |
|||
| 7. | Sole Dispositive Power:
609,135 (1) |
|||
| 8. | Shared Dispositive Power:
844,296 (2) |
|||
| (1) Includes 101,523 shares held in escrow. (2) Reporting Person is co-trustee of trusts holding these shares. Voting and dispositive power in these trusts requires action of | ||||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person:
1,453,431 |
|||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares:
. . . ¨ |
|||
| 11. | Percent of Class Represented by Amount in Row (9):
6.9% (1) |
|||
| ( ) Base on 21,017,133 shares outstanding as of 5/1/2003, as reported on the 10-Q for the period ended 3/31/2003, filed 5/15/2003.
| ||||
| 12. | Type of Reporting Person:
IN |
|||
| Item 1(a) |
Name of Issuer: ESSEX PROPERTY TRUST, INC. | |||||||||
| 1(b) |
Address of Issuer’s Principal Executive Office: | |||||||||
| 925 East Meadow Drive, Palo Alto, California 94303 |
||||||||||
| Item 2(a) |
Name of Person Filing: John M. Sachs | |||||||||
| Item 2(b) |
Address of Principal Business Office, or, if none, Residence: 2399 Camino Del Rio South, Ste. 101, San Diego, California 92108 | |||||||||
| Item 2(c) |
Citizenship: | |||||||||
| USA | ||||||||||
| 2(d) |
Title of Class of Securities: | |||||||||
| Common Shares |
||||||||||
| 2(e) |
CUSIP Number: 297178105 | |||||||||
| Item 3 |
N/A | |||||||||
| Item 4 |
Ownership. | |||||||||
| Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. | ||||||||||
| (a) | Amount beneficially owned: | |||||||||
| 1,453,431 | ||||||||||
| (b) | Percent of class: | |||||||||
| 6.9% | ||||||||||
| (c) | Number of shares as to which the person has: | |||||||||
| (i) | Sole power to vote or to direct the vote: 609,135 (1) | |||||||||
| (ii) | Shared power to vote or to direct the vote: 844,296 (2) | |||||||||
| (iii) | Sole power to dispose of or to direct the disposition of: 609,135 (1) | |||||||||
| (iv) | Shared power to dispose of or to direct the disposition of: 844,296 (2) | |||||||||
| (1) Includes 101,523 shares held in escrow. (2) Reporting Person is co-trustee of trusts holding these shares. Voting and dispositive power in | ||||||||||
| these trusts requires action of Reporting Person and one of three other co-trustees. Reporting Person is not beneficiary or settlor of these trusts. Beneficiary of each of these trusts is also the settlor of that trust. | ||||||||||
| Item 5 |
N/A | |||||||||
| Item 6 |
Ownership of More than Five Percent on Behalf of Another Person: See note (2) to Item 4 above. | |||||||||
| Item 7 |
N/A | |||||||||
| Item 8 |
N/A | |||||||||
| Item 9 |
N/A | |||||||||
| Item 10 |
(a) | N/A | ||||||||
| (b) | Certification: | |||||||||
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: 7/24/2003
| /s/ JOHN M. SACHS |
| John M. Sachs |