SEC Form 4 · accession 0001140361-16-064557
ACADIA REALTY TRUST · AKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wendy W Luscombe
Director
Period of report
May 9, 2016
Accepted (ET)
May 11, 2016 · 3:22 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial Interest - EquivalentF1,F2 | — | May 9, 2016 | I | 2,351 | A | May 9, 2016 | — | Common Shares of Beneficial Interest | 2,351 | 26,697 | D |
Explanation of responses
- F1This grant was awarded in connection with the payment of annual Trustee fees. These shares represent the stock equivalent for Trustee fees credited to Ms. Luscombe's deferred account pursuant to the Issuer's Deferred Compensation Plan. The deferred shares shall vest according to the following schedule: one-third shall vest on May 9, 2017, one-third shall vest on May 9, 2018 and the remaining third shall vest on May 9, 2019.
- F2This number represents the total number of deferred shares held by Ms. Luscombe (19,434 vested deferred shares and 7,263 unvested deferred shares). This number includes 2,706 deferred dividends that were not previously reported.