McIntyre Kenneth A Jr 4
4 · ACADIA REALTY TRUST · Filed May 6, 2024
Insider Transaction Report
Form 4
McIntyre Kenneth A Jr
Director
Transactions
- Award
LTIP Units
2024-05-02+5,862→ 22,980 totalExercise: $0.00→ Common Shares of Beneficial Interest (5,862 underlying)
Footnotes (2)
- [F1]Represents long-term incentive partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP"). The LTIPs are exchangeable on a 1:1 basis for common partnership units of ARLP ("Common 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 Common Units.
- [F2]This grant was awarded in connection with the payment of annual Trustee fees. These LTIP Units shall vest according to the following schedule: one-third shall vest on May 9, 2025, one-third shall vest on May 9, 2026 and the remaining third shall vest on May 9, 2027. There is no expiration date for the conversion of LTIP Units.