ACADIA REALTY TRUST — Director's Dealing 2023

May 5, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACADIA REALTY TRUST (AKR)
CIK: 0000899629
Period of Report: 2023-05-04

Reporting Person: ZOBA C DAVID (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-04	Limited Partnership Units	$0.00	A	7508	Acquired		Common Shares of Beneficial Interest (7508)	Direct

Footnotes

F1: This grant was awarded in connection with the payment of annual Trustee fees. These LTIP Units shall vest according to the following schedule:
one-third shall vest on May 9, 2024, one-third shall vest on May 9, 2025 and the remaining third shall vest on May 9, 2026, pursuant to the Trust
Compensation Plan. There is no expiration date for the conversion of LTIP Units.