Form 4 for AKR ACADIA REALTY TRUST
Accepted 2023-11-16 00:00:00 ET · period of report 2023-11-14 · accession 0001209191-23-055514 · 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 | 2023-11-16 | 2023-11-14 | AKR | Blacksberg Jason | SVP, CLO | S - Sale | $15.07 | -7,000 | 0 | -100% | -$105.5K |
| D | 2023-11-16 | 2023-11-14 | AKR | Blacksberg Jason | SVP, CLO | C - Cnv Deriv | $0.00 | +7,000 | 7,000 | New | $0 |
| D | 2023-11-16 | 2023-11-14 | AKR | Blacksberg Jason | SVP, CLO | C - Cnv Deriv | $0.00 | -7,000 | 213.1K | -3% | $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 | 2023-11-14 | S | D | 7,000 | $15.07 | 0 | D | — | — | (F1) These shares were sold in 2 separate sales transactions at a weighted average sales price of $15.07. The actual price at which these shares were sold range from $15.06 to $15.09 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. |
| 2 | Common | Common Shares of Beneficial Interest - $.001 Par Value | 2023-11-14 | C | A | 7,000 | $0.00 | 7,000 | D | — | — | |
| 3 | Derivative | Limited Partnership Units | 2023-11-14 | C | D | 7,000 | $0.00 | 213,099 | D | $0.00 · — to — | 7,000 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. Blacksberg, 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. |