Form 4 for AKR ACADIA REALTY TRUST

Accepted 2021-12-14 00:00:00 ET · period of report 2021-12-09 · accession 0001209191-21-069468 · 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	2021-12-14	2021-12-14	AKR	Conlon Christopher	EVP	S - Sale	$20.81	-10.0K	10.0K	-50%	-$208.1K
D	2021-12-14	2021-12-09	AKR	Conlon Christopher	EVP	C - Cnv Deriv	$0.00	+10.0K	20.0K	+100%	$0
D	2021-12-14	2021-12-09	AKR	Conlon Christopher	EVP	C - Cnv Deriv	$0.00	-10.0K	196.9K	-5%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Shares of Beneficial Interest - $0.01 Par Value	2021-12-14	S	D	10,000	$20.81	10,000	D	—	—	(F1) These shares were sold in 13 separate sales transactions at a weighted average sales price of $20.81205. The actual price at which these shares were sold range from $20.81 to $20.86 per share. Mr. Conlon 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.
2	Common	Common Shares of Beneficial Interest - $0.01 Par Value	2021-12-09	C	A	10,000	$0.00	20,000	D	—	—
3	Derivative	Limited Partnership Units	2021-12-09	C	D	10,000	$0.00	196,949	D	$0.00 · — to —	10,000 Common Shares of Beneficial Interest	(F2) These LTIP Units in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were previously granted to Mr. Conlon, which vested in accordance with the terms of each grant. 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 the Company. There is no expiration date for the conversion of LTIP Units or OP Units.