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ACADIA REALTY TRUST Director's Dealing 2010

Jan 7, 2010

31420_dirs_2010-01-07_93a9c6ea-d1f4-40d6-9faf-1a361a757848.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACADIA REALTY TRUST (AKR)
CIK: 0000899629
Period of Report: 2010-01-06

Reporting Person: BRAUN JOEL L (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-01-06 Common Shares of Beneficial Interest - $.001 Par Value F 9295 $16.80 Disposed 51909 Direct

Footnotes

F1: These shares were cancelled to satisfy Mr. Braun's tax obligations which arose from the vesting of certain restricted shares on January 6, 2010.

F2: This number represents 18,766 vested shares and 33,143 unvested, restricted shares.