Blacksberg Jason 4

4 · ACADIA REALTY TRUST · Filed Nov 5, 2021

Form 4

Period: 2021-11-03

EVP and Chief Legal Officer

Transactions

Conversion
Common Shares of Beneficial Interest - $.001 Par Value
2021-11-03+6,000→ 6,000 total
Sale
Common Shares of Beneficial Interest - $.001 Par Value
2021-11-03$22.81/sh−6,000$136,860→ 0 total
Conversion
Common Shares of Beneficial Interest - $.001 Par Value
2021-11-05+1,500→ 1,500 total
Sale
Common Shares of Beneficial Interest - $.001 Par Value
2021-11-05$23.20/sh−1,500$34,800→ 0 total
Conversion
Limited Partnership Units
2021-11-03−6,000→ 124,238 total
Exercise: $0.00→ Common Shares of Beneficial Interest (6,000 underlying)
Conversion
Limited Partnership Units
2021-11-05−1,500→ 122,738 total
Exercise: $0.00→ Common Shares of Beneficial Interest (1,500 underlying)

Footnotes (2)

[F1]These shares were sold in 51 separate sales transactions at a weighted average sales price of $22.81. The actual price at which these shares were sold range from $22.77 to $22.85 per share. Mr. Blacksberg 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]These LTIP Units in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were previously granted to Mr. Blacksberg, 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

1 file