Form 4 for AKR ACADIA REALTY TRUST
Accepted 2024-05-06 00:00:00 ET · period of report 2024-05-02 · accession 0001209191-24-005543 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-05-06 | 2024-05-02 | AKR | Spitz William T. | Dir | A - Grant | $17.06 | +11.7K | 101.4K | +13% | +$200.0K |
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 | 2024-05-02 | A | A | 5,862 | $17.06 | 95,573 | D | — | — | (F1) This grant was awarded in connection with the payment of annual Trustee fees. Trustees have the option to convert all or part of any cash payment due to them to Common Shares with a vesting period of one year at a 10% discount to the preceding 20-day average share price from the date of issuance. These shares reflect the portion of Mr. Spitz's cash compensation that he elected to receive in shares and represent the number of shares he was entitled to receive after giving effect to the 10% discount. These shares shall vest on May 9, 2025. |
| 2 | Common | Common Shares of Beneficial Interest | 2024-05-02 | A | A | 5,862 | $17.06 | 101,435 | D | — | — | (F2) This grant was awarded in connection with the payment of annual Trustee fees. These shares shall vest according to the following schedule: one-third shall vest on May 9, 2025, one-third shall vest on May 9, 2026 and the remaining third shall vest on May 9, 2027. |