SEC Form 4 · accession 0000899629-17-000062
ACADIA REALTY TRUST · AKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee S Wielansky
Director
Period of report
May 10, 2017
Accepted (ET)
May 12, 2017 · 3:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000899629
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | May 10, 2017 | A | 1,472 | $27.17 | A | 41,265 | D | |
| Common SharesF2,F3 | May 10, 2017 | A | 2,650 | $30.19 | A | 43,915 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This grant was awarded in connection with the payment of annual Trustee fees. Trustees have the option to convert all or part of any cash payment due to them under the Trust Compensation Plan to Common Shares with a vesting period of one year at a 10% discount to the preceding 20-day average share price from the date of issuance. These shares reflect the portion of Mr. Wielansky's cash compensation that he elected to receive in shares and represent the number of shares he was entitled to receive after giving effect to the 10% discount. These shares shall vest on May 9, 2018.
- F2This grant was awarded in connection with the payment of annual Trustee fees. These shares shall vest according to the following schedule: one-third shall vest on May 9, 2018, one-third shall vest on May 9, 2019 and the remaining third shall vest on May 9, 2020, pursuant to the Trust Compensation Plan.
- F3This number represents the total number of Common Shares (35,268 vested and 8,647 unvested) now held by Mr. Wielansky.