NAPOLITANO JOSEPH 4

4 · ACADIA REALTY TRUST · Filed Mar 14, 2022

Form 4

Period: 2022-03-11

Sr. VP

Transactions

Conversion
Common Shares of Beneficial Interest - $.001 Par Value
2022-03-11+13,000→ 13,118 total
Sale
Common Shares of Beneficial Interest - $.001 Par Value
2022-03-11$21.95/sh−13,000$285,350→ 118 total
Conversion
Limited Partnership Units
2022-03-11−13,000→ 189,588 total
Exercise: $0.00→ Common Shares of Beneficial Interest (13,000 underlying)

Footnotes (2)

[F1]These shares were sold in 112 separate sales transactions at a weighted average sales price of $21.95. The actual price at which these shares were sold range from $21.95 to $22.12 per share. Mr. Napolitano 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. Napolitano, 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