4//SEC Filing
Hartmann Richard 4
Accession 0001209191-19-010605
CIK 0000899629other
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 4:27 PM ET
Size
12.8 KB
Accession
0001209191-19-010605
Insider Transaction Report
Form 4
Hartmann Richard
Senior Vice President
Transactions
- ConversionSwap
Common Shares of Beneficial Interest - $.001 Par Value
2019-02-15+10,000→ 10,168 total - Sale
Common Shares of Beneficial Interest - $.001 Par Value
2019-02-15$29.32/sh−10,168$298,126→ 0 total - Award
Limited Partnership Units
2019-02-14+9,679→ 61,356 totalExercise: $0.00→ Common Shares of Beneficial Interest (9,679 underlying) - ConversionSwap
Limited Partnership Units
2019-02-15−10,000→ 51,356 totalExercise: $0.00→ Common Shares of Beneficial Interest (10,000 underlying)
Footnotes (3)
- [F1]These shares were sold in 2 separate sales transactions at a weighted average sales price of $29.32. The actual price at which these shares were sold range from $29.32 to $29.36 per share. Mr. Hartmann will provide, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full, detailed information regarding the number of shares sold at each separate price.
- [F2]On February 14, 2019, Mr. Hartmann was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 9,679 LTIP Units shall vest as follows: equal amounts shall vest on January 6, 2020 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Hartmann continues to be employed on the vesting date in question. This figure excludes LTIP Units granted under the Company's outperformance plan, the vesting of which is subject to conditions, other than the passage of time and continued employment, which are not tied solely to the marked price of an equity security of the Company. The vesting conditions for the Company's outperformance plan relate to the Company's shareholder return relative to the total shareholder return of a basket of peer group companies.
- [F3]These LTIP Units in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were previously granted to Mr. Hartmann, which vested in accordance with the terms of each grant. 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 the Company. 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 0001538817
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 4:27 PM ET
- Size
- 12.8 KB