Gottfried John J. 4
4 · ACADIA REALTY TRUST · Filed Mar 14, 2022
Insider Transaction Report
Form 4
Gottfried John J.
Executive VP and CFO
Transactions
- Conversion
Common Shares of Beneficial Interest - $.001 Par Value
2022-03-14+15,000→ 22,600 total - Sale
Common Shares of Beneficial Interest - $.001 Par Value
2022-03-14$21.85/sh−15,000$327,750→ 7,600 total - Conversion
Limited Partnership Units
2022-03-14−15,000→ 175,300 totalExercise: $0.00→ Common Shares of Beneficial Interest (15,000 underlying)
Footnotes (2)
- [F1]These shares were sold in 4 separate sales transactions at a weighted average sales price of $21.85. The actual price at which these shares were sold range from $21.85 to $21.85 per share. Mr. Gottfried 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. Gottfried, 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.