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Filing Details

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 Ave Rye NY 10580	Sr. Vp	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	2019-02-15	13,000	$0.00	13,118	Yes	5	C	Direct
Common Shares Of Beneficial Interest - $.001 Par Value	Disposition	2019-02-15	13,000	$29.50	118	No	5	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Yes	5	C	Direct
No	5	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Shares Of Beneficial Interest	Limited Partnership Units	Acquisiton	2019-02-14	18,052	$0.00	18,052	$0.00
Common Shares Of Beneficial Interest	Limited Partnership Units	Disposition	2019-02-15	13,000	$0.00	13,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
148,169			No	5	A	Direct
135,169			Yes	5	C	Direct

Footnotes

On February 14, 2019, Mr. Napolitano was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 18,052 LTIP Units shall vest as follows: equal amounts shall vest on January 6, 2020 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Napolitano continues to be employed on the vesting date in question. This figure excludes LTIP Units granted under the Company's outperformance plan, the vesting of which is subject to conditions, other than the passage of time and continued employment, which are not tied solely to the marked price of an equity security of the Company. The vesting conditions for the Company's outperformance plan relate to the Company's shareholder return relative to the total shareholder return of a basket of peer group companies.
These LTIP Units in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were previously granted to Mr. Napolitano, 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 the Company. There is no expiration date for the conversion of LTIP Units or OP Units.