SEC Form 4 · accession 0000899629-18-000052

ACADIA REALTY TRUST · AKR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Sr. V.P. and General Counsel

Period of report

Jun 14, 2018

Accepted (ET)

Jun 18, 2018 · 5:16 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 Shares of Beneficial Interest - $.001 Par Value	Jun 14, 2018	C	3,500	$0.00	A	3,500	D
Common Shares of Beneficial Interest - $.001 Par Value^F1,F2	Jun 14, 2018	S	3,500	$27.3406	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Limited Partnership Units^F4,F3	$0.00	Jun 14, 2018	C	3,500	D	—	—	Common Shares of Beneficial Interest - $.001 Par Value	3,500	62,992	D

F1These shares were sold in 8 separate transactions at a weighted average purchase price of $27.3406. The actual price at which these shares were sold range from $27.30 to $27.37 per share. Mr. Blacksberg 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.
F2This number represents the total number of Common Shares now held by Mr. Blacksberg.
F3These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were previously granted to Mr. Blacksberg 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.
F4This number represents the total number of LTIP Units now held by Mr. Blacksberg.