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ACADIA REALTY TRUST — Director's Dealing 2024
May 6, 2024
31420_dirs_2024-05-06_5a58d8f7-4a4e-4a75-b143-7138a79e860e.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: 2024-05-02
Reporting Person: Woodhouse Hope B (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-02 | LTIP Units | $0.00 | A | 5862 | Acquired | Common Shares of Beneficial Interest (5862) | Direct |
Footnotes
F1: Represents long-term incentive partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP"). The LTIPs are exchangeable on a 1:1 basis for common partnership units of ARLP ("Common 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 Common Units.
F2: 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, 2025, one-third shall vest on May 9, 2026 and the remaining third shall vest on May 9, 2027. There is no expiration date for the conversion of LTIP Units.