4//SEC Filing
ZOBA C DAVID 4
Accession 0001209191-21-030896
CIK 0000899629other
Filed
May 6, 8:00 PM ET
Accepted
May 7, 4:13 PM ET
Size
8.7 KB
Accession
0001209191-21-030896
Insider Transaction Report
Form 4
ZOBA C DAVID
Director
Transactions
- Award
Limited Partnership Units
2021-05-06+4,873→ 50,423 totalExercise: $0.00→ Common Shares of Beneficial Interest (4,873 underlying) - Award
Limited Partnership Units
2021-05-06+4,061→ 45,550 totalExercise: $0.00→ Common Shares of Beneficial Interest (4,061 underlying)
Footnotes (2)
- [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 restricted limited partnership units in Acadia Realty Limited Partnership (LTIP Units) 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 LTIP Units reflect the portion of Mr. Zoba's cash compensation that he elected to receive in LTIP Units and represent the number of LTIP Units he was entitled to receive after giving effect to the 10% discount. These LTIP Units shall vest on May 9, 2022. There is no expiration date for the conversion of LTIP Units.
- [F2]This grant was awarded in connection with the payment of annual Trustee fees. These LTIP Units 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. There is no expiration date for the conversion of LTIP Units.
Documents
Issuer
ACADIA REALTY TRUST
CIK 0000899629
Entity typeother
Related Parties
1- filerCIK 0001223605
Filing Metadata
- Form type
- 4
- Filed
- May 6, 8:00 PM ET
- Accepted
- May 7, 4:13 PM ET
- Size
- 8.7 KB