Form 4 for AKR ACADIA REALTY TRUST
Accepted 2025-03-07 00:00:00 ET · period of report 2025-03-06 · accession 0000950170-25-035704 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-07 | 2025-03-06 | AKR | Blacksberg Jason | EVP, CLO | C - Cnv Deriv | $0.00 | +30.0K | 30.0K | New | $0 |
| D | 2025-03-07 | 2025-03-06 | AKR | Blacksberg Jason | EVP, CLO | S - Sale | $22.81 | -30.0K | 0 | -100% | -$684.3K |
| D | 2025-03-07 | 2025-03-06 | AKR | Blacksberg Jason | EVP, CLO | C - Cnv Deriv | $0.00 | -30.0K | 302.4K | -9% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares of Beneficial Interest | 2025-03-06 | C | A | 30,000 | $0.00 | 30,000 | D | — | — | |
| 2 | Common | Common Shares of Beneficial Interest | 2025-03-06 | S | D | 30,000 | $22.81 | 0 | D | — | — | (F1) These shares were sold in several separate sales transactions at a weighted average price of $22.81. The actual price at which these shares were sold range from $22.70 to $22.88 per share. Mr. Blacksberg 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. |
| 3 | Derivative | LTIP Units | 2025-03-06 | C | D | 30,000 | $0.00 | 302,413 | D | $0.00 · — to — | 30,000 Common Shares of Beneficial Interest | (F2) 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. (F3) These LTIP Units in ARLP represent a portion of the LTIPs that were previously granted to Mr. Blacksberg, which vested in accordance with the terms of each grant. |