Reginald Livingston - 12 Feb 2024 Form 3 Insider Report for ACADIA REALTY TRUST (AKR)

Signature
/s/ Reginald Livingston
Issuer symbol
AKR
Transactions as of
12 Feb 2024
Net transactions value
$0
Form type
3
Filing time
20 Feb 2024, 16:27:34 UTC
Next filing
21 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AKR Common Shares of Beneficial Interest 4,322 12 Feb 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding AKR Limited Partnership Units 12 Feb 2024 Common Shares of Beneficial Interest 40,857 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents long-term incentive partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") previously granted to the employee. The LTIPs are exchangeable on a 1:1 basis for common partnership units of ARLP ("Common 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 Common Units.