Hartmann Richard 4
4 · ACADIA REALTY TRUST · Filed Feb 22, 2021
Insider Transaction Report
Form 4
Hartmann Richard
Senior Vice President
Transactions
- Award
Limited Partnership Units
2021-02-18+17,636→ 73,687 totalExercise: $0.00→ Common Shares of Beneficial Interest (17,636 underlying)
Footnotes (1)
- [F1]On February 18, 2021, Mr. Hartmann was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 17,636 LTIP Units shall vest as follows: equal amounts shall vest on January 6, 2022 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.