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: 19 Feb 2025, 16:27.
Richard Hartmann - 14 Feb 2025 Form 4 Insider Report for ACADIA REALTY TRUST (AKR)
- SEC form
- 4
- Accepted by SEC
- 19 Feb 2025, 16:27:03 UTC
- Prior SEC filing
- 05 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Richard Hartmann
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Richard Hartmann filed Form 4 for ACADIA REALTY TRUST (AKR) on 19 Feb 2025.
Change
- Previous filing in this sequence was filed on 05 Feb 2025.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AKR
transaction
Derivative
LTIP Units
Award
- Transaction value
- $0
- Shares
- +20,177
- Change %
- +15%
- Price
- $0.000000
- Shares after
- 156,395
- Date
- 14 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Shares of Beneficial Interest
- Underlying amount
- 20,177
- Exercise price
- $0.000000
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Represents long-term incentive partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP"). 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.
Footnote F2
On February 14, 2025, Mr. Hartmann was awarded these restricted long-term incentive partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). Of the 20,177 LTIP Units granted to Mr. Hartmann, (i) 4,868 will vest in equal amounts on January 6, 2026 and on each of the first, second, third and fourth anniversaries thereof, and (ii) 15,309 will vest in equal amounts on January 6, 2026 and on each of the first and second anniversaries thereof, and will be subject to a post-vesting two-year hold period; in each case, provided that Mr. Hartmann continues to be employed on the vesting date and subject to customary exceptions.
Footnote F3
This figure excludes LTIP Units granted under the Company's outperformance plan, the vesting of which is subject to conditions, other than the passage of time and continued employment, which are not tied solely to the marked price of an equity security of the Company. The vesting conditions for the Company's outperformance plan relate to the Company's shareholder return relative to the total shareholder return of a basket of peer group companies and absolute performance of the Company's same-property income.