Form 4 for AKR ACADIA REALTY TRUST
Accepted 2022-03-14 00:00:00 ET · period of report 2022-03-11 · accession 0001209191-22-018459 · 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 | 2022-03-14 | 2022-03-11 | AKR | NAPOLITANO JOSEPH | SVP | S - Sale | $21.95 | -13.0K | 118 | -99% | -$285.4K |
| D | 2022-03-14 | 2022-03-11 | AKR | NAPOLITANO JOSEPH | SVP | C - Cnv Deriv | $0.00 | +13.0K | 13.1K | +11,017% | $0 |
| D | 2022-03-14 | 2022-03-11 | AKR | NAPOLITANO JOSEPH | SVP | C - Cnv Deriv | $0.00 | -13.0K | 189.6K | -6% | $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 - $.001 Par Value | 2022-03-11 | S | D | 13,000 | $21.95 | 118 | D | — | — | (F1) These shares were sold in 112 separate sales transactions at a weighted average sales price of $21.95. The actual price at which these shares were sold range from $21.95 to $22.12 per share. Mr. Napolitano 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 - $.001 Par Value | 2022-03-11 | C | A | 13,000 | $0.00 | 13,118 | D | — | — | |
| 3 | Derivative | Limited Partnership Units | 2022-03-11 | C | D | 13,000 | $0.00 | 189,588 | D | $0.00 · — to — | 13,000 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. Napolitano, 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. |