Form 4 for AKR ACADIA REALTY TRUST
Accepted 2024-05-07 00:00:00 ET · period of report 2024-05-03 · accession 0001209191-24-005557 · 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 | 2024-05-07 | 2024-05-03 | AKR | Hartmann Richard | SVP | S - Sale | $17.10 | -25.0K | 0 | -100% | -$427.5K |
| D | 2024-05-07 | 2024-05-03 | AKR | Hartmann Richard | SVP | C - Cnv Deriv | $0.00 | +25.0K | 25.0K | New | $0 |
| D | 2024-05-07 | 2024-05-03 | AKR | Hartmann Richard | SVP | C - Cnv Deriv | $0.00 | -25.0K | 130.2K | -16% | $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 | 2024-05-03 | S | D | 25,000 | $17.10 | 0 | D | — | — | (F1) These shares were sold in several separate sales transactions at a weighted average sales price of $17.1049. The actual price at which these shares were sold range from $17.10 to $17.14 per share. Mr. Hartmann 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 | 2024-05-03 | C | A | 25,000 | $0.00 | 25,000 | D | — | — | |
| 3 | Derivative | LTIP Units | 2024-05-03 | C | D | 25,000 | $0.00 | 130,154 | D | $0.00 · — to — | 25,000 Common Shares of Beneficial Interest | (F2) Represents limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") previously granted to the employee. 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. |