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ACADIA REALTY TRUST Director's Dealing 2024

Mar 5, 2024

31420_dirs_2024-03-05_b16a743f-5b02-4e47-bcf5-8026fc21ad50.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: ACADIA REALTY TRUST (AKR)
CIK: 0000899629
Period of Report: 2024-02-16

Reporting Person: Hartmann Richard (Sr. VP)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-16 LTIP Units $0.00 A 26085 Acquired Common Shares of Beneficial Interest (26085) 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 Form 4/A is filed solely to correct the vesting terms described in the initial Form 4 as follows: of the 26,085 LTIPs granted to Mr. Hartmann,
(i) 9,892 will vest in equal amounts on January 6, 2025 and on each of the first, second, third and fourth anniversaries thereof, and (ii) 16,193 will vest in equal amounts on January 6, 2025 and on each of the first and second anniversaries thereof, and will be subject to a post-vesting two-year hold period; in each case, provided that Mr. Hartmann continues to be employed on the vesting date and subject to customary exceptions.