NAPOLITANO JOSEPH 4
4 · ACADIA REALTY TRUST · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Napolitano Joseph
Sr. VP
Transactions
- Conversion
Common Shares of Beneficial Interest - $.001 Par Value
2024-03-04+49,525→ 49,643 total - Sale
Common Shares of Beneficial Interest - $.001 Par Value
2024-03-04$16.77/sh−49,525$830,609→ 118 total - Conversion
Limited Partnership Units
2024-03-04−49,525→ 179,108 totalExercise: $0.00→ Common Shares of Beneficial Interest (49,525 underlying)
Footnotes (2)
- [F1]These shares were sold in 2 separate sales transactions at a weighted average sales price of $16.7715. The actual price at which these shares were sold range from $16.76 to $16.79 per share. Mr. Napolitano 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. Napolitano, 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.