4//SEC Filing
ACADIA REALTY TRUST 4
Accession 0001140361-16-058569
$AKRCIK 0000899629operating
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 4:26 PM ET
Size
6.5 KB
Accession
0001140361-16-058569
Insider Transaction Report
Form 4
BRAUN JOEL L
Executive Vice President
Transactions
- Award
Limited Partnership Units
2016-03-17+44,988→ 145,557 totalExercise: $33.65→ Common Shares of Beneficial Interest (44,988 underlying)
Footnotes (2)
- [F1]On March 17, 2016, Mr. Braun was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 25,521 LTIP Units shall vest as follows: equal amounts shall vest on January 6, 2017 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Braun continues to be employed on the vesting date in question. 50% of the remaining 19,467 LTIP Units will vest subject to the same schedule and Mr. Braun's continued employment and the other 50% as follows: 60% shall vest on January 6, 2019, subject to Mr. Braun's continued employment and the Company achieving certain cumulative benchmarks established by the Company's Board of Trustees. Provided that the initial 60% vests as described above and further provided that Mr. Braun is continuously employed by the Company, 20% shall vest on January 6, 2020 and 20% shall vest on January 6, 2021.
- [F2]This number represents the total number of LTIP Units (27,646 vested and 117,911 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 20, 8:00 PM ET
- Accepted
- Mar 21, 4:26 PM ET
- Size
- 6.5 KB