Conlon Christopher 4
4 · ACADIA REALTY TRUST · Filed Feb 28, 2018
Insider Transaction Report
Form 4
Conlon Christopher
Senior Vice President
Transactions
- Award
Limited Partnershp Units
2018-02-26+23,368→ 126,706 total
Footnotes (2)
- [F1]On February 26, 2018, Mr. Conlon was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 23,368 LTIP Units shall vest as follows:equal amounts shall vest on January 6, 2019 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Conlon continues to be employed on the vesting date in question. This figure excludes LTIP Units granted under the Company's outperformance plan, the vesting of which is subject to conditions, other than the passage of time and continued employment, which are not tied solely to the marked price of an equity security of the Company. The vesting conditions for the Company's outperformance plan relate to the Company's shareholder return relative to the total shareholder return of a basket of peer group companies.
- [F2]This number represents the total number of LTIP Units now held by Mr. Conlon.