4//SEC Filing
BERNSTEIN KENNETH F 4
Accession 0000950170-25-014705
CIK 0000899629other
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 5:34 PM ET
Size
6.3 KB
Accession
0000950170-25-014705
Insider Transaction Report
Form 4
BERNSTEIN KENNETH F
DirectorPresident and CEO
Transactions
- Award
Limited Partnership Units
2025-02-03+125,197→ 2,510,678 totalExercise: $0.00→ Common Shares of Beneficial Interest (125,197 underlying)
Footnotes (2)
- [F1]Represents limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") granted to the employee under the Company's 2022 outperformance plan. Of these LTIP Units, 60% are currently vested with the remaining 40% to vest ratably on January 6, 2026 and 2027, based on continued employment by the Company.
- [F2]These LTIP Units in ARLP represent the LTIPs that Mr. Bernstein has earned pursuant to the terms of his grant under the Company's 2022 outperformance plan, the amount of which depended on achieving certain performance criteria. The LTIPs are exchangeable on a 1:1 basis for common operating partnership units of ARLP ("OP 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 OP Units.
Documents
Issuer
ACADIA REALTY TRUST
CIK 0000899629
Entity typeother
Related Parties
1- filerCIK 0001219735
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 5:34 PM ET
- Size
- 6.3 KB