Form 4 for AKR ACADIA REALTY TRUST
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-04 · accession 0001209191-24-004417 · 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 | 2024-03-05 | 2024-03-04 | AKR | NAPOLITANO JOSEPH | SVP | C - Cnv Deriv | $0.00 | +49.5K | 49.6K | +41,970% | $0 |
| D | 2024-03-05 | 2024-03-04 | AKR | NAPOLITANO JOSEPH | SVP | S - Sale | $16.77 | -49.5K | 118 | -100% | -$830.5K |
| D | 2024-03-05 | 2024-03-04 | AKR | NAPOLITANO JOSEPH | SVP | C - Cnv Deriv | $0.00 | -49.5K | 179.1K | -22% | $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 | 2024-03-04 | C | A | 49,525 | $0.00 | 49,643 | D | — | — | |
| 2 | Common | Common Shares of Beneficial Interest - $.001 Par Value | 2024-03-04 | S | D | 49,525 | $16.77 | 118 | D | — | — | (F1) These shares were sold in 2 separate sales transactions at a weighted average sales price of $16.7715. The actual price at which these shares were sold range from $16.76 to $16.79 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. |
| 3 | Derivative | Limited Partnership Units | 2024-03-04 | C | D | 49,525 | $0.00 | 179,108 | D | $0.00 · — to — | 49,525 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. |