Filing Details

Accession Number:
0001209191-21-055910
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-14 16:21:55
Reporting Period:
2021-09-13
Accepted Time:
2021-09-14 16:21:55
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
1056160 T Lorrence Kellar C/O Acadia Realty Trust
411 Theodore Fremd Ave
Rye NY 10580
Yes No 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 2021-09-13 8,000 $0.00 47,861 No 4 C Direct
Common Shares Of Beneficial Interest - $.001 Par Value Disposition 2021-09-13 2,500 $20.72 45,361 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
Common Shares Of Beneficial Interest Limited Partnership Units Disposition 2021-09-13 8,000 $0.00 8,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
42,355 No 4 C Direct
Footnotes
  1. 37,273 common shares of beneficial interest ("Common Shares") of Acadia Realty Trust (the "Company") are held through the Lorrence T. Kellar Revocable Trust dated July 20, 2005 as Amended (the "Trust"). Mr. Kellar is the sole trustee of the Trust, with sole voting and/or investment power with respect to such Common Shares, and the sole beneficiary of the Trust. Therefore, Mr. Kellar may be deemed to be the beneficial owner of such Common Shares.
  2. These LTIP Units in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were previously granted to Mr. Kellar, which vested in accordance with the terms of each grant. LTIP Units are a class of Units of ARLP that, following the occurrence of certain events and upon vesting, are convertible by the holder into an equivalent number of common units of limited partnership interest of ARLP ("OP Units") which, in turn, are exchangeable on a 1:1 basis for Common Shares or the cash value of such Common Shares. There is no expiration date for the conversion of LTIP Units or OP Units.