Conlon Christopher 4
4 · ACADIA REALTY TRUST · Filed Dec 14, 2021
Insider Transaction Report
Form 4
Conlon Christopher
Senior Vice President
Transactions
- Conversion
Limited Partnership Units
2021-12-09−10,000→ 196,949 totalExercise: $0.00→ Common Shares of Beneficial Interest (10,000 underlying) - Conversion
Common Shares of Beneficial Interest - $0.01 Par Value
2021-12-09+10,000→ 20,000 total - Sale
Common Shares of Beneficial Interest - $0.01 Par Value
2021-12-14$20.81/sh−10,000$208,121→ 10,000 total
Footnotes (2)
- [F1]These shares were sold in 13 separate sales transactions at a weighted average sales price of $20.81205. The actual price at which these shares were sold range from $20.81 to $20.86 per share. Mr. Conlon 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. Conlon, 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.