Filing Details

Accession Number:
0001140361-16-053560
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-02-17 11:28:36
Reporting Period:
2016-02-16
Filing Date:
2016-02-17
Accepted Time:
2016-02-17 11:28:36
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
1218913 Joseph Napolitano C/O Acadia Realty Trust
411 Theodore Fremd Avenue, Suite 300
Rye NY 10580
Sr. Vice President No 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 2016-02-16 5,941 $0.00 6,059 No 4 C Direct
Common Shares Of Beneficial Interest - $.001 Par Value Disposition 2016-02-16 5,941 $33.01 118 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 2016-02-16 5,941 $0.00 5,941 $0.00
Operating Partnership Units Operating Partnership Units Acquisiton 2016-02-16 5,941 $0.00 5,941 $0.00
Common Shares Operating Partnership Units Disposition 2016-02-16 5,941 $0.00 5,941 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
93,508 No 4 C Direct
5,941 No 4 C Direct
0 No 4 C Direct
Footnotes
  1. These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Napolitano in 2009 and 2010 which vested in accordance with the terms of each 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.
  2. These shares were sold in 32 separate sales transactions at a weighted average sales price of $33.0069. The actual price at which these shares were sold range from $32.91 to $33.20 per share. Mr. Napolitano 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.
  3. This number represents the total number of Common Shares (all vested) held by Mr. Napolitano at this time.
  4. This number represents the total number of LTIP Units (59,507 vested and 34,001 unvested) held by Mr. Napolitano following the conversion of 5,941 LTIP Units into an equal number of OP Units, as reported in this Form 4.
  5. This number represents the total number of OP Units held by Mr. Napolitano following the conversion of 5,941 LTIP Units into an equal number of OP Units, as reported in this Form 4.
  6. This number represents the total number of OP Units held by Mr. Napolitano following the conversion of 5,941 OP Units into an equal number of Common Shares, as reported in this Form 4.