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ACADIA REALTY TRUST — Director's Dealing 2015
Feb 26, 2015
31420_dirs_2015-02-26_bdd8b776-1693-401b-9f50-4180cd01df4c.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: 2015-02-25
Reporting Person: Hartmann Richard (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-25 | Common Shares of Beneficial Interest - $.001 Par Value | C | 1000 | — | Acquired | 5135 | Direct |
| 2015-02-25 | Common Shares of Beneficial Interest - $.001 Par Value | S | 2000 | $34.928 | Disposed | 3135 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-25 | Limited Partnership Units | $ | C | 1000 | Disposed | Operating Partnership Units (1000) | Direct | |
| 2015-02-25 | Operating Partnership Units | $ | C | 1000 | Acquired | Operating Partnership Units (1000) | Direct | |
| 2015-02-25 | Operating Partnership Units | $ | C | 1000 | Disposed | Common Shares (1000) | Direct |
Footnotes
F1: These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Hartmann in January, 2008, and March, 2009 which vested in accordance with the terms of each grant. The LTIPs are exchangeable on a 1:1 basis for common operating partnership units of ARLP ("OP Units") which, in turn, are exchangeable on a 1:1 basis for common shares of beneficial interest of Acadia Realty Trust. There is no expiration date for the conversion of LTIP Units or OP Units.
F2: This number represents the total number of Common Shares (all vested) held by Mr. Hartmann at this time.
F3: This number represents the total number of LTIP Units (9,878 vested and 10,191 unvested) held by Mr. Hartmann following the conversion of 1,000 LTIP Units into an equal number of OP Units, as reported in this Form 4.
F4: This number represents the total number of OP Units held by Mr. Hartmann following the conversion of 1,000 LTIP Units into an equal number of OP Units, as reported in this Form 4.
F5: This number represents the total number of OP Units held by Mr. Hartmann following the conversion of 1,000 Units into an equal number of Common Shares, as reported in this Form 4.