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ACADIA REALTY TRUST — Director's Dealing 2024
May 7, 2024
31420_dirs_2024-05-07_f7643c99-b82e-48b9-b301-934baf0e7b17.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: 2024-05-03
Reporting Person: Hartmann Richard (Sr. VP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-03 | Common Shares of Beneficial Interest - $.001 Par Value | C | 25000 | $0.00 | Acquired | 25000 | Direct |
| 2024-05-03 | Common Shares of Beneficial Interest - $.001 Par Value | S | 25000 | $17.1049 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-03 | LTIP Units | $0.00 | C | 25000 | Disposed | Common Shares of Beneficial Interest (25000) | Direct |
Footnotes
F1: These shares were sold in several separate sales transactions at a weighted average sales price of $17.1049. The actual price at which these shares were sold range from $17.10 to $17.14 per share. Mr. Hartmann will provide, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full, detailed information regarding the number of shares sold at each separate price.
F2: Represents limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") previously granted to the employee. 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.