4//SEC Filing
KELLAR LORRENCE T 4
Accession 0000899629-18-000040
CIK 0000899629other
Filed
May 9, 8:00 PM ET
Accepted
May 10, 4:44 PM ET
Size
8.4 KB
Accession
0000899629-18-000040
Insider Transaction Report
Form 4
KELLAR LORRENCE T
Director
Transactions
- Award
Limited Partnership Units
2018-05-10+3,391→ 23,903 total→ Common Shares of Beneficial Interest (3,391 underlying) - Award
Limited Partnership Units
2018-05-10+4,004→ 20,512 total→ Common Shares of Beneficial Interest (4,004 underlying)
Footnotes (3)
- [F1]This grant was awarded in connection with the payment of annual Trustee fees. Trustees have the option to convert all or part of any cash payment due to them under the Trust Compensation Plan to restricted limited partnership units in Acadia Realty Limited Partnership (LTIP Units) with a vesting period of one year at a 10% discount to the preceding 20-day average share price from the date of issuance. These LTIP Units reflect the portion of Mr. Kellar's cash compensation that he elected to receive in LTIP Units and represent the number he was entitled to receive after giving effect to the 10% discount. These LTIP Units shall vest on May 9, 2019.
- [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, 2019, one-third shall vest on May 9, 2020 and the remaining third shall vest on May 9, 2021, pursuant to the Trust Compensation Plan.
- [F3]This number represents the total number of LTIP Units now held by Mr. Kellar.
Documents
Issuer
ACADIA REALTY TRUST
CIK 0000899629
Entity typeother
Related Parties
1- filerCIK 0001056160
Filing Metadata
- Form type
- 4
- Filed
- May 9, 8:00 PM ET
- Accepted
- May 10, 4:44 PM ET
- Size
- 8.4 KB