Blacksberg Jason 4
4 · ACADIA REALTY TRUST · Filed Nov 16, 2023
Insider Transaction Report
Form 4
Blacksberg Jason
EVP and Chief Legal Officer
Transactions
- Sale
Common Shares of Beneficial Interest - $.001 Par Value
2023-11-14$15.07/sh−7,000$105,490→ 0 total - Conversion
Common Shares of Beneficial Interest - $.001 Par Value
2023-11-14+7,000→ 7,000 total - Conversion
Limited Partnership Units
2023-11-14−7,000→ 213,099 totalExercise: $0.00→ Common Shares of Beneficial Interest (7,000 underlying)
Footnotes (2)
- [F1]These shares were sold in 2 separate sales transactions at a weighted average sales price of $15.07. The actual price at which these shares were sold range from $15.06 to $15.09 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.