4//SEC Filing
ACADIA REALTY TRUST 4
Accession 0000899629-17-000027
$AKRCIK 0000899629operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 6:29 PM ET
Size
5.8 KB
Accession
0000899629-17-000027
Insider Transaction Report
Form 4
BRAUN JOEL L
Executive Vice President
Transactions
- Award
Limited Partnership Units
2017-02-28+46,874→ 170,431 total
Footnotes (2)
- [F1]On February 28, 2017, Mr. Braun was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 30,570 LTIP Units shall vest as follows: equal amounts shall vest on January 6, 2018 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Braun continues to be employed on the vesting date in question. 50% of the remaining 16,304 LTIP Units will vest subject to the same schedule and Mr. Braun's continued employment and the other 50% as follows: 60% shall vest on January 6, 2020, subject to Mr. Braun's continued employment and the Company achieving certain cumulative benchmarks established by the Company's Board of Trustees. Provided that the initial 60% vests as described above and further provided that Mr. Braun is continuously employed by the Company, 20% shall vest on January 6, 2021 and 20% shall vest on January 6, 2022.
- [F2]This number represents the total number of LTIP Units (39,451 vested and 130,980 unvested) now held by Mr. Braun.
Documents
Issuer
ACADIA REALTY TRUST
CIK 0000899629
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000899629
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 6:29 PM ET
- Size
- 5.8 KB