Filing Details
- Accession Number:
- 0001140361-12-050245
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-12-07 18:22:43
- Reporting Period:
- 2012-12-07
- Filing Date:
- 2012-12-07
- Accepted Time:
- 2012-12-07 18:22:43
- 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 | Acquisiton | 2012-12-07 | 50,000 | $0.00 | 542,471 | No | 4 | C | Direct | |
| Common Shares Of Beneficial Interest - $.001 Par Value | Disposition | 2012-12-07 | 72,000 | $25.26 | 470,471 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Operating Partnership Units | Limited Partnership Units | Disposition | 2012-12-07 | 81 | $0.00 | 81 | $0.00 |
| Common Shares | Operating Partnership Units | Acquisiton | 2012-12-07 | 81 | $0.00 | 81 | $0.00 |
| Common Shares | Operating Partnership Units | Disposition | 2012-12-07 | 50,000 | $0.00 | 50,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 471,898 | No | 4 | C | Direct | ||
| 193,639 | No | 4 | C | Direct | ||
| 143,639 | 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 in March of 2011, which vested 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 81 LTIP Units into an equal number of OP Units, as reported in this Form 4.
- This number represents the total number of OP Units held by Mr. Bernstein following the conversion of 81 LTIP Units into an equal number of OP Units, as reported in this Form 4.
- This number represents the total number of OP Units held by Mr. Bernstein following the conversion of 50,000 OP Units into an equal number of Common Shares reported, as reported in this Form 4.
- These shares were sold in 28 separate sales transactions at a weighted average sales price of $25.26. The actual price at which these shares were sold range from $25.12 to $25.37 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 connection with his year-end tax planning.
- This number represents the total number of common shares held by Mr. Bernstein.
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