Scholem Robert 4
4 · ACADIA REALTY TRUST · Filed Apr 19, 2007
Insider Transaction Report
Form 4
Scholem Robert
Sr. Vice President
Transactions
- Award
Common Shares of Beneficial Interest - $.001 Par Value
2007-04-18$21.25/sh+92$1,955→ 21,536 total
Footnotes (1)
- [F1]These common shares of beneficial interest (Common Shares) were purchased by Mr. Scholem pursuant to the Companys Employee Share Purchase Plan (Purchase Plan), which allows employees of the Company to purchase Common Shares through payroll deductions. Pursuant to the Purchase Plan, the Common Shares are purchased on a quarterly basis based on 85% of the closing price of the Common Shares as of the first or last day of the quarter, whichever is lower.