4//SEC Filing
Denien Mark A 4
Accession 0001209191-24-005548
CIK 0000899629other
Filed
May 5, 8:00 PM ET
Accepted
May 6, 4:26 PM ET
Size
9.1 KB
Accession
0001209191-24-005548
Insider Transaction Report
Form 4
Denien Mark A
Director
Transactions
- Award
LTIP Units
2024-05-02+6,513→ 28,193 totalExercise: $0.00→ Common Shares of Beneficial Interest (6,513 underlying) - Award
LTIP Units
2024-05-02+5,862→ 34,055 totalExercise: $0.00→ Common Shares of Beneficial Interest (5,862 underlying)
Footnotes (3)
- [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. Trustees have the option to convert all or part of any cash payment due to them to LTIP Units with a vesting period of one year at a 10% discount to the preceding 20-day average share price from the date of issuance. These LTIP Units reflect the portion of Mr. Denien's cash compensation that he elected to receive in LTIP Units and represent the number of LTIP Units he was entitled to receive after giving effect to the 10% discount. These LTIP Units shall vest on May 9, 2025. There is no expiration date for the conversion of LTIP Units.
- [F3]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.
Documents
Issuer
ACADIA REALTY TRUST
CIK 0000899629
Entity typeother
Related Parties
1- filerCIK 0001431678
Filing Metadata
- Form type
- 4
- Filed
- May 5, 8:00 PM ET
- Accepted
- May 6, 4:26 PM ET
- Size
- 9.1 KB