Gottfried John J. 4
4 · ACADIA REALTY TRUST · Filed Nov 16, 2023
Insider Transaction Report
Form 4
Gottfried John J.
Executive VP and CFO
Transactions
- Sale
Common Shares of Beneficial Interest - $.001 Par Value
2023-11-14$15.04/sh−12,500$188,000→ 7,600 total - Conversion
Limited Partnership Units
2023-11-14−12,500→ 227,287 totalExercise: $0.00→ Common Shares of Beneficial Interest (12,500 underlying) - Conversion
Common Shares of Beneficial Interest - $.001 Par Value
2023-11-14+12,500→ 20,100 total
Footnotes (2)
- [F1]These shares were sold in 3 separate sales transactions at a weighted average sales price of $15.0423. The actual price at which these shares were sold range from $15.04 to $15.06 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 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 Acadia Realty Trust. There is no expiration date for the conversion of LTIP Units or OP Units.