Richard Hartmann - 03 Feb 2025 Form 4 Insider Report for ACADIA REALTY TRUST (AKR)

Reporting relationship: Sr. VP
Issuer ticker: AKR
Reported as of: 03 Feb 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 Feb 2025, 17:37:48 UTC
Prior SEC filing: 07 May 2024
Next SEC filing: 19 Feb 2025
Source filing: View source filing
Reporting owner signature: /s/ Richard Hartmann

Key filing fact

Richard Hartmann filed Form 4 for ACADIA REALTY TRUST (AKR) on 05 Feb 2025.

Key facts

This page summarizes Richard Hartmann's Form 4 filing for ACADIA REALTY TRUST (AKR).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 05 Feb 2025, 17:37.

Change

Previous filing in this sequence was filed on 07 May 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AKR transaction Derivative

Limited Partnership Units

Award

Transaction value: $0
Shares: +6,064
Change %: +4.7%
Price: $0.000000
Shares after: 136,218
Date: 03 Feb 2025
Ownership: Direct
Underlying class: Common Shares of Beneficial Interest
Underlying amount: 6,064
Exercise price: $0.000000
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") granted to the employee under the Company's 2022 outperformance plan. Of these LTIP Units, 60% are currently vested with the remaining 40% to vest ratably on January 6, 2026 and 2027, based on continued employment by the Company.

Footnote F2

These LTIP Units in ARLP represent the LTIPs that Mr. Hartmann has earned pursuant to the terms of his grant under the Company's 2022 outperformance plan, the amount of which depended on achieving certain performance criteria. The LTIPs are exchangeable on a 1:1 basis for common operating partnership units of ARLP ("OP 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 OP Units.