Filing Details
- Accession Number:
- 0001140361-10-037452
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-09-15 17:37:00
- Reporting Period:
- 2010-09-13
- Filing Date:
- 2010-09-15
- Accepted Time:
- 2010-09-15 17:37:00
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
899629 | Acadia Realty Trust | AKR | Real Estate Investment Trusts (6798) | 232715194 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1219735 | F Kenneth Bernstein | C/O Acadia Realty Trust 1311 Mamaroneck Avenue, Suite 260 White Plains NY 10605 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Shares Of Beneficial Interest - $.001 Par Value | Disposition | 2010-09-13 | 50,000 | $19.11 | 358,391 | No | 4 | S | Direct | |
Common Shares Of Beneficial Interest - $.001 Par Value | Disposition | 2010-09-14 | 50,000 | $19.06 | 308,391 | No | 4 | S | Direct | |
Common Shares Of Beneficial Interest - $.001 Par Value | Acquisiton | 2010-09-14 | 100,000 | $0.00 | 408,391 | No | 4 | C | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | C | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Operating Partnership Units | Limited Partnership Units | Disposition | 2010-09-14 | 12,303 | $0.00 | 12,303 | $0.00 |
Common Shares | Operating Partnership Units | Acquisiton | 2010-09-14 | 12,303 | $0.00 | 12,303 | $0.00 |
Common Shares | Operating Partnership Units | Disposition | 2010-09-14 | 100,000 | $0.00 | 100,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
268,514 | No | 4 | C | Direct | ||
343,558 | No | 4 | C | Direct | ||
243,558 | No | 4 | C | Direct |
Footnotes
- These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Bernstein on January 15, 2007 and January 31, 2008, which vested as of January 6, 2008 and January 6, 2009 in accordance with the terms of the 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 Acadia Realty Trust. There is no expiration date for the conversion of LTIP Units or OP Units.
- This number represents the total number of LTIP Units held by Mr. Bernstein following the conversion of 12,303 LTIP Units into an equal number of OP Units reported in this Form 4.
- This number represents the total number of OP Units held by Mr. Bernstein following the conversion of 12,303 LTIP Units into an equal number of OP Units reported in this Form 4.
- This number represents the total number of OP Units held by Mr. Bernstein following the conversion of 100,000 OP Units into an equal number of Common Shares reported in this Form 4.
- These shares were sold in 12 separate sales transactions at a weighted average sales price of $19.11145. The actual price at which these shares were sold range from $19.07 to $19.21 per share. Mr. Bernstein 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.
- These shares were sold in 5 separate sales transactions at a weighted average sales price of $19.06448. The actual price at which these shares were sold range from $19.05 to $19.09 per share. Mr. Bernstein 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.
- Mr. Bernstein sold these shares in order to satisfy his tax obligation arising from the conversion of OP Units to Common Shares, as shown on this Form 4.