EQUITY RESIDENTIAL PROPERTIES TRUST
424B5, 2000-10-06
REAL ESTATE INVESTMENT TRUSTS
Previous: CREDIT SUISSE ASSET MANAGEMENT /NY, SC 13G/A, 2000-10-06
Next: SALOMON BROTHERS 2008 WORLDWIDE DOLLAR GOVERN TERM TRUST INC, NSAR-B, 2000-10-06



<PAGE>
Prospectus Supplement
(To Prospectus dated December 18, 1997)

                                     [LOGO]

                      EQUITY RESIDENTIAL PROPERTIES TRUST
               DISTRIBUTION REINVESTMENT AND SHARE PURCHASE PLAN

                            ------------------------

    This prospectus supplement contains an amendment and restatement to the plan
updating the "Partial Dividend Reinvestment" and "Optional Cash Payments Only"
participation options of the plan. Under the revised options, you are able to
direct the reinvestment of dividends on all, a portion or none of the shares
held in the plan. The new participation options (which replace the descriptions
of the Partial Dividend Reinvestment and Optional Cash Payments Only options as
set forth in Questions 7 and 9 of the plan contained in the prospectus dated
December 18, 1997) are as follows:

    If the "Partial Dividend Reinvestment" option is elected, the Plan
    Administrator will apply the cash dividends on a specified number of
    your Common Shares, Preferred Shares or Units to purchase additional
    Common Shares. The Plan Administrator will pay you cash dividends on the
    remaining Common Shares, Preferred Shares or Units, when and if declared
    by the board of trustees. You may also invest by making optional cash
    payments of at least $250 per payment up to a maximum of $5,000 per
    month.

    If the "Optional Cash Payments Only" option is elected, the Plan
    Administrator will pay you the cash dividends on all of your Common
    Shares, Preferred Shares and Units. You may make optional cash payments
    of at least $250 per payment up to a maximum of $5,000 per month in
    order to invest in additional Common Shares.

    This prospectus supplement also contains a revised Schedule A to the
prospectus dated December 18, 1997. The revised Schedule A to the prospectus
restates in its entirety the Schedule A previously included as part of the
prospectus. The revised Schedule A sets forth the expected dates relating to
optional cash payments and common share distribution reinvestments under the
plan for 2000, 2001 and 2002, as such dates are described in the prospectus.

           The date of this Prospectus Supplement is October 6, 2000
<PAGE>
                                   SCHEDULE A
                            FOR 2000, 2001 AND 2002

                             OPTIONAL CASH PAYMENTS

<TABLE>
<CAPTION>
                          RECORD DATE AND
THRESHOLD PRICE AND        OPTIONAL CASH            PRICING PERIOD           PRICING PERIOD
 DISCOUNT SET DATE        PAYMENT DUE DATE        COMMENCEMENT DATE         CONCLUSION DATE
-------------------      ------------------      --------------------      ------------------
<S>                      <C>                     <C>                       <C>
November 1, 2000         November 7, 2000        November 8, 2000          November 21, 2000
November 22, 2000        November 29, 2000       November 30, 2000         December 13, 2000
December 27, 2000        January 3, 2001         January 4, 2001           January 18, 2001
January 31, 2001         February 6, 2001        February 7, 2001          February 21, 2001
February 22, 2001        February 28, 2001       March 1, 2001             March 14, 2001
March 30, 2001           April 5, 2001           April 6, 2001             April 20, 2001
April 30, 2001           May 4, 2001             May 7, 2001               May 18, 2001
May 24, 2001             May 31, 2001            June 1, 2001              June 14, 2001
June 28, 2001            July 5, 2001            July 6, 2001              July 19, 2001
August 1, 2001           August 7, 2001          August 8, 2001            August 21, 2001
August 24, 2001          August 30, 2001         August 31, 2001           September 14, 2001
October 1, 2001          October 5, 2001         October 8, 2001           October 19, 2001
November 1, 2001         November 7, 2001        November 8, 2001          November 21, 2001
November 23, 2001        November 29, 2001       November 30, 2001         December 13, 2001
December 28, 2001        January 4, 2002         January 7, 2002           January 18, 2002
January 31, 2002         February 6, 2002        February 7, 2002          February 21, 2002
February 22, 2002        February 28, 2002       March 1, 2002             March 14, 2002
April 1, 2002            April 5, 2002           April 8, 2002             April 19, 2002
May 1, 2002              May 7, 2002             May 8, 2002               May 21, 2002
May 24, 2002             May 31, 2002            June 3, 2002              June 14, 2002
June 28, 2002            July 5, 2002            July 8, 2002              July 19, 2002
August 1, 2002           August 7, 2002          August 8, 2002            August 21, 2002
August 26, 2002          August 30, 2002         September 3, 2002         September 16, 2002
October 1, 2002          October 7, 2002         October 8, 2002           October 21, 2002
November 4, 2002         November 8, 2002        November 11, 2002         November 22, 2002
November 22, 2002        November 29, 2002       December 2, 2002          December 13, 2002
</TABLE>

<PAGE>
                   COMMON SHARE DISTRIBUTION REINVESTMENTS(1)

<TABLE>
<CAPTION>
RECORD DATE                            INVESTMENT DATE(2)
-----------                            ------------------
<S>                                    <C>
December 19, 2000                      December 29, 2000
March 20, 2001                         April 13, 2001
June 20, 2001                          July 13, 2001
September 20, 2001                     October 12, 2001
December 20, 2001                      December 31, 2001
March 20, 2002                         April 12, 2002
June 20, 2002                          July 12, 2002
September 20, 2002                     October 11, 2002
December 20, 2002                      December 31, 2002
</TABLE>

------------------------

(1) The dates indicated are those expected to be applicable under the Plan with
    respect to future distributions, if and when declared by the Board of
    Trustees. The actual record and payment dates will be determined by the
    Board of Trustees at its discretion.

(2) The Investment Date relating to distributions is also the pricing date with
    respect to Common Shares acquired directly from the Company with such
    distributions. See Question 12.

                        NEW YORK STOCK EXCHANGE HOLIDAYS

<TABLE>
<CAPTION>
                                                    2000            2001            2002
                                                -------------   -------------   -------------
<S>                                             <C>             <C>             <C>
New Year's Day                                  --              January 1       January 1
Martin Luther King, Jr. Day                     --              January 15      January 21
Washington Birthday                             --              February 19     February 18
Good Friday                                     --              April 13        March 29
Memorial Day                                    --              May 28          May 27
Independence Day                                --              July 4          July 4
Labor Day                                       --              September 3     September 2
Thanksgiving Day                                November 23*    November 22     November 28
Christmas                                       December 25     December 25     December 25
</TABLE>

------------------------

*   The Exchange will be closing at 1:00 p.m. on Friday, November 24, 2000


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission