4//SEC Filing
CROCKER DOUGLAS II 4
Accession 0001209191-22-027365
CIK 0000899629other
Filed
May 4, 8:00 PM ET
Accepted
May 5, 4:19 PM ET
Size
10.8 KB
Accession
0001209191-22-027365
Insider Transaction Report
Form 4
CROCKER DOUGLAS II
Director
Transactions
- Award
Common Shares of Beneficial Interest - $.001 Par Value
2022-05-05$21.11/sh+987$20,836→ 71,316 total - Award
Common Shares of Beneficial Interest - $.001 Par Value
2022-05-05$21.11/sh+4,737$99,998→ 76,053 total - Award
Limited Partnership Units
2022-05-05+395→ 6,134 totalExercise: $0.00→ Common Shares of Beneficial Interest (395 underlying)
Footnotes (4)
- [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 Common Shares 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 shares reflect the portion of Mr. Crocker's cash compensation that he elected to receive in shares and represent the number of shares he was entitled to receive after giving effect to the 10% discount. Of these, Mr. Crocker elected to have 247 credit to his deferred account pursuant to the Issuer's Deferred Compensation Plan. These shares shall vest on May 9, 2023.
- [F2]Includes 569 of phantom shares related to dividends earned by Mr. Crocker under the deferred compensation plan that were not previously reported. Under the deferred compensation plan, such dividends are required to be credited as additional phantom shares.
- [F3]This grant was awarded in connection with the payment of annual Trustee fees. These shares shall vest according to the following schedule: one-third shall vest on May 9, 2023, one-third shall vest on May 9, 2024 and the remaining third shall vest on May 9, 2025, pursuant to the Trust Compensation Plan.
- [F4]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. Crocker'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, 2023. There is no expiration date for the conversion of LTIP Units.
Documents
Issuer
ACADIA REALTY TRUST
CIK 0000899629
Entity typeother
Related Parties
1- filerCIK 0001195500
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 4:19 PM ET
- Size
- 10.8 KB