ACADIA REALTY TRUST — Director's Dealing 2014

Dec 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACADIA REALTY TRUST (AKR)
CIK: 0000899629
Period of Report: 2014-12-02

Reporting Person: BRAUN JOEL L (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-02	Common Shares of Beneficial Interest - $.001 Par Value	S	3720	$31.6943	Disposed	26135	Direct

Footnotes

F1: These shares were sold in 9 separate sales transactions at a weighted average sales price of $31.6943. The actual price at which these shares were sold range from $31.66 to $31.73 per share. Mr. Braun will provide, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full, detailed information regarding the number of shares sold at each separate price.