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ACADIA REALTY TRUST Director's Dealing 2022

May 5, 2022

31420_dirs_2022-05-05_cb5b4582-5526-45ea-8e04-2479f94d48b7.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: 2022-05-05

Reporting Person: LUSCOMBE WENDY W (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-05-05 Common Shares of Beneficial Interest - $.001 Par Value A 4737 $21.11 Acquired 38305 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, 2023, one-third shall vest on May 9, 2024 and the remaining third shall vest on May 9, 2025, pursuant to the Trust Compensation Plan.

F2: Includes 169 of phantom shares related to dividends earned by Ms. Luscombe under the DCP that were not previously reported. Under the DCP, such dividends are required to be credited as additional phantom shares.