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ACADIA REALTY TRUST Director's Dealing 2017

May 12, 2017

31420_dirs_2017-05-12_40c3b47c-e782-450b-88e0-831716b3a945.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: 2017-05-10

Reporting Person: LUSCOMBE WENDY W (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-10 Common Shares of Beneficial Interest - $.001 Par Value A 2650 $30.19 Acquired 36961 Direct

Footnotes

F1: This grant was awarded in connection with the payment of annual Trustee fees. These shares represent the stock equivalent for Trustee fees credited to Ms. Luscombe's deferred account pursuant to the Issuer's Deferred Compensation Plan. The deferred shares shall vest according to the following schedule: one-third shall vest on May 9, 2018, one-third shall vest on May 9, 2019 and the remaining third shall vest on May 9, 2019.

F2: This number represents the total number of shares held by Ms. Luscombe at this time (30,242 vested shares and 6,719 unvested shares) including 25,394 which have been deferred.