ACADIA REALTY TRUST — Director's Dealing 2015

Jun 12, 2015

SEC Form 4/A — Form 4/A

Issuer: ACADIA REALTY TRUST (AKR)
CIK: 0000899629
Period of Report: 2015-06-09

Reporting Person: CROCKER DOUGLAS II (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-09	Common Shares of Beneficial Interest - $.001 Par Value	A	1383	$31.134	Acquired	31845	Direct
2015-06-09	Common Shares of Beneficial Interest - $.001 Par Value	A	2570	$31.134	Acquired	34415	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-06-09	Limited Partnership Units	$31.134	A	1383	Acquired		Common Shares of Beneficial Interest (1383)	Direct

Footnotes

F1: This grant was awarded in connection with the payment of annual Trustee fees. Trustees have the option to convert all or part of any cash payment due to them under the Trust Compensation Plan to Common Shares with a vesting period of one year at a 10% discount to the preceding 20-day average share price from the date of issuance. No dividends are paid on Restricted Shares until they vest. These shares reflect the portion of Mr. Crocker's cash compensation that he elected to receive in shares and represent the number of shares he was entitled to receive after giving effect to the 10% discount.

F2: This grant was awarded in connection with the payment of annual Trustee fees. These Shares shall vest according to the following schedule: one-third shall vest on June 9, 2016, one-third shall vest on June 9, 2017 and the remaining third shall vest on June 9, 2018.

F3: This number represents 6,295 unvested, restricted Shares and 28,120 vested Shares.

F4: This grant was awarded in connection with the payment of annual Trustee fees. Trustees have the option to convert all or part of any cash payment due to them under the Trust Compensation Plan to restricted limited partnership units in Acadia Realty Limited Partnership (LTIP Units) with a vesting period of one year at a 10% discount to the preceding 20-day average share price from the date of issuance. These LTIP Units reflect the portion of Mr. Crocker's cash compensation that he elected to receive in LTIP Units and represent the number he was entitled to receive after giving effect to the 10% discount.

F5: This number represents the total number of LTIPs now held by Mr. Crocker (1,518 vested and 1,383 unvested, restricted).