CROCKER DOUGLAS II 4
4 · ACADIA REALTY TRUST · Filed May 7, 2021
Insider Transaction Report
Form 4
CROCKER DOUGLAS II
Director
Transactions
- Award
Common Shares of Beneficial Interest - $.001 Par Value
2021-05-06$20.52/sh+812$16,662→ 64,887 total - Award
Common Shares of Beneficial Interest - $.001 Par Value
2021-05-06$20.52/sh+4,873$99,994→ 69,760 total
Footnotes (3)
- [F1]This grant was awarded in connection with the payment of annual Trustee fees. Trustees have the option to convert all or part of any cash payment due to them under the Trust Compensation Plan to Common Shares with a vesting period of one year at a 10% discount to the preceding 20-day average share price from the date of issuance. These shares reflect the portion of Mr. Crocker's cash compensation that he elected to receive in shares and represent the number of shares he was entitled to receive after giving effect to the 10% discount. Of these, Mr. Crocker elected to have 203 credit to his deferred account pursuant to the Issuer's Deferred Compensation Plan. These shares shall vest on May 9, 2022.
- [F2]Includes 80 shares earned under the Company's deferred compensation plan that were not previously reported.
- [F3]This grant was awarded in connection with the payment of annual Trustee fees. These shares shall vest according to the following schedule: one-third shall vest on May 9, 2022, one-third shall vest on May 9, 2023 and the remaining third shall vest on May 9, 2024, pursuant to the Trust Compensation Plan.