4//SEC Filing
NAPOLITANO JOSEPH 4
Accession 0001209191-24-002009
CIK 0000899629other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 4:43 PM ET
Size
6.4 KB
Accession
0001209191-24-002009
Insider Transaction Report
Form 4
NAPOLITANO JOSEPH
Sr. Vice President
Transactions
- Award
Limited Partnership Units
2024-01-18+7,090→ 186,592 totalExercise: $0.00→ Common Shares of Beneficial Interest (7,090 underlying)
Footnotes (2)
- [F1]Represents limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") granted to the employee under the Company's 2021 outperformance plan. Of these LTIP Units, 60% are currently vested with the remaining 40% to vest ratably on January 6, 2025 and 2026, based on continued employment by the Company.
- [F2]These LTIP Units in ARLP represent the LTIPs that Mr. Napolitano has earned pursuant to the terms of his grant under the Company's 2021 outperformance plan, the amount of which depended on achieving certain performance criteria. 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.
Documents
Issuer
ACADIA REALTY TRUST
CIK 0000899629
Entity typeother
Related Parties
1- filerCIK 0001218913
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 4:43 PM ET
- Size
- 6.4 KB