SEC Form 4 · accession 0001140361-15-042052
ACADIA REALTY TRUST · AKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Napolitano
Officer — Sr. Vice President
Period of report
Nov 13, 2015
Accepted (ET)
Nov 17, 2015 · 4:31 pm EST
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 ValueF1 | Nov 13, 2015 | M | 2,485 | $20.65 | A | 2,603 | D | |
| Common Shares of Beneficial Interest - $.001 Par ValueF2,F3 | Nov 13, 2015 | S | 2,485 | $32.0798 | D | 118 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common SharesF1,F4 | $20.65 | Nov 13, 2015 | M | 2,485 | A | Jan 6, 2006 | Jan 6, 2016 | Common Shares | 2,485 | 0 | D |
Explanation of responses
- F1On November 13, 2015, Mr. Napolitano exercised 2,485 Options to purchase Common Shares of Beneficial Interest.
- F2These shares were sold in 13 separate sales transactions at a weighted average sales price of $32.0798. The actual price at which these shares were sold range from $32.00 to $32.17 per share. Mr. Napolitano 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.
- F3This number represents the total number of Shares (all vested, unrestricted) now held by Mr. Napolitano.
- F4This number represents the total number of Options now held by Mr. Napolitano.