Gottfried John J. 4
4 · ACADIA REALTY TRUST · Filed May 7, 2024
Insider Transaction Report
Form 4
Gottfried John J.
Executive VP and CFO
Transactions
- Conversion
Common Shares of Beneficial Interest - $.001 Par Value
2024-05-03+12,500→ 20,100 total - Conversion
LTIP Units
2024-05-03−12,500→ 291,839 totalExercise: $0.00→ Common Shares of Beneficial Interest (12,500 underlying) - Sale
Common Shares of Beneficial Interest - $.001 Par Value
2024-05-03$16.89/sh−12,500$211,141→ 7,600 total
Footnotes (2)
- [F1]These shares were sold in several separate sales transactions at a weighted average sales price of $16.8913. The actual price at which these shares were sold range from $16.75 to $17.01 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]Represents limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") previously granted to the employee. 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.