Wendy Luscombe - Jan 19, 2022 Form 4 Insider Report for ACADIA REALTY TRUST (AKR)

Role: Director
Signature: /s/ Wendy Luscombe
Stock symbol: AKR
Transactions as of: Jan 19, 2022
Transactions value $: -$73,646
Form type: 4
Date filed: 1/20/2022, 03:13 PM
Previous filing: May 7, 2021
Next filing: Feb 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AKR	Common Shares of Beneficial Interest - $0.001 Par Value	Sale	-$73.6K	-3.5K	-8.45%	$21.04	37.9K	Jan 19, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were sold in 55 separate sales transactions at a weighted average sales price of $21.0418 pursuant to a 10b5-1 plan Ms. Luscombe previously put into place. The actual price at which these shares were sold range from $20.86 to $21.40 per share. Ms. Luscombe 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
F2	Includes 849 of phantom shares related to dividends earned by Ms. Luscombe under the DCP that were not previously reported. Under the DCP, such dividends are required to be credited as additional phantom shares.

Content

These shares were sold in 55 separate sales transactions at a weighted average sales price of $21.0418 pursuant to a 10b5-1 plan Ms. Luscombe previously put into place. The actual price at which these shares were sold range from $20.86 to $21.40 per share. Ms. Luscombe 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

Includes 849 of phantom shares related to dividends earned by Ms. Luscombe under the DCP that were not previously reported. Under the DCP, such dividends are required to be credited as additional phantom shares.