Form 4 for AKR ACADIA REALTY TRUST
Accepted 2023-11-16 00:00:00 ET · period of report 2023-11-14 · accession 0001209191-23-055516 · 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 | Gottfried John J. | CFO, Executive VP | C - Cnv Deriv | $0.00 | +12.5K | 20.1K | +164% | $0 |
| D | 2023-11-16 | 2023-11-14 | AKR | Gottfried John J. | CFO, Executive VP | S - Sale | $15.04 | -12.5K | 7,600 | -62% | -$188.0K |
| D | 2023-11-16 | 2023-11-14 | AKR | Gottfried John J. | CFO, Executive VP | C - Cnv Deriv | $0.00 | -12.5K | 227.3K | -5% | $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 | C | A | 12,500 | $0.00 | 20,100 | D | — | — | |
| 2 | Common | Common Shares of Beneficial Interest - $.001 Par Value | 2023-11-14 | S | D | 12,500 | $15.04 | 7,600 | D | — | — | (F1) These shares were sold in 3 separate sales transactions at a weighted average sales price of $15.0423. The actual price at which these shares were sold range from $15.04 to $15.06 per share. Mr. Gottfried 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 | Limited Partnership Units | 2023-11-14 | C | D | 12,500 | $0.00 | 227,287 | D | $0.00 · — to — | 12,500 Common Shares of Beneficial Interest | (F2) These LTIP Units in ARLP represent a portion of the LTIPs that were previously granted to Mr. Gottfried, 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 Acadia Realty Trust. There is no expiration date for the conversion of LTIP Units or OP Units. |