SEC Form 4/A · accession 0001140361-16-056665
ACADIA REALTY TRUST · AKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
C David Zoba
Director
Period of report
Aug 28, 2015
Accepted (ET)
Mar 7, 2016 · 2:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000899629
Table I — non-derivative securities
No Table I lines on this filing.
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 | $31.59 | Aug 28, 2015 | A | 1,715 | A | Aug 28, 2015 | — | Common Shares of Beneficial Interest | 1,715 | 1,715 | D |
| Limited Partnership UnitsF2 | $31.59 | Aug 28, 2015 | A | 1,900 | A | Aug 28, 2015 | — | Common Shares of Beneficial Interest | 1,900 | 3,615 | D |
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 restricted limited partnership units in Acadia Realty Limited Partnership ("LTIP Units") 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 LTIP Units reflect the portion of Mr. Zoba's cash compensation that he elected to receive in LTIP Units and represent the number of LTIP Units he was entitled to receive after giving effect to the 10% discount.
- F2This grant was awarded in connection with the payment of annual Trustee fees. These LTIP Units reflect the portion of Mr. Zoba's stock compensation that he elected to receive in LTIP Units and they shall vest according to the following schedule: one-third shall vest on August 28, 2016, one-third shall vest on August 28, 2017 and the remaining third shall vest on August 28, 2018, pursuant to the Trust Compensation Plan.