4//SEC Filing
ACADIA REALTY TRUST 4
Accession 0001140361-15-010984
$AKRCIK 0000899629operating
Filed
Mar 8, 8:00 PM ET
Accepted
Mar 9, 5:07 PM ET
Size
6.6 KB
Accession
0001140361-15-010984
Insider Transaction Report
Form 4
BRAUN JOEL L
Executive Vice President
Transactions
- Award
Limited Partnership Units
2015-03-05+33,500→ 212,711 totalExercise: $35.14→ Common Shares of Beneficial Interest (33,500 underlying)
Footnotes (2)
- [F1]On March 5, 2015 ("Grant Date"), Mr. Braun was awarded these restricted limited partnership units in Acadia Realty Limited Partnership ("LTIP Units"). 22,334 of these LTIP Units shall vest subject to the following schedule: equal amounts shall vest on January 6, 2016 (the "First Vesting Date") and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Braun continues to be employed by the Company through the vesting date in question (each a "Vesting Date"). 50% of the remaining 11,166 LTIP Units will vest subject to the same schedule and Mr. Braun's continued employment and the other 50% subject to the following schedule: 60% shall vest on January 6, 2018, 20% shall vest on January 6, 2019 and 20% shall vest on January 6, 2020, subject to Mr. Braun's continued employment and Acadia Realty Trust (the "Company") achieving certain cumulative benchmarks established by the Company's Board of Trustees.
- [F2]This number represents the total number of LTIP Units (104,861 vested and 107,850 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 8, 8:00 PM ET
- Accepted
- Mar 9, 5:07 PM ET
- Size
- 6.6 KB