SEC Form 4 · accession 0000899629-18-000067
ACADIA REALTY TRUST · AKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Blacksberg
Officer — Sr. V.P. and General Counsel
Period of report
Aug 17, 2018
Accepted (ET)
Aug 20, 2018 · 4:28 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 | Aug 17, 2018 | C | 2,600 | $0.00 | A | 2,600 | D | |
| Common Shares of Beneficial Interest - $.001 Par Value | Aug 17, 2018 | D | 2,600 | $28.15 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Limited Partnership UnitsF1 | $0.00 | Aug 17, 2018 | C | 2,600 | D | — | — | Common Shares of Beneficial Interest - $.001 Par Value | 2,600 | 60,392 | D |
Explanation of responses
- F1These 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.