4//SEC Filing
Hartmann Richard 4
Accession 0000950170-25-023219
CIK 0000899629other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 4:27 PM ET
Size
7.1 KB
Accession
0000950170-25-023219
Insider Transaction Report
Form 4
Hartmann Richard
Senior Vice President
Transactions
- Award
LTIP Units
2025-02-14+20,177→ 156,395 totalExercise: $0.00→ Common Shares of Beneficial Interest (20,177 underlying)
Footnotes (3)
- [F1]Represents long-term incentive partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP"). The LTIPs are exchangeable on a 1:1 basis for common partnership units of ARLP ("Common 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 Common Units.
- [F2]On February 14, 2025, Mr. Hartmann was awarded these restricted long-term incentive partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). Of the 20,177 LTIP Units granted to Mr. Hartmann, (i) 4,868 will vest in equal amounts on January 6, 2026 and on each of the first, second, third and fourth anniversaries thereof, and (ii) 15,309 will vest in equal amounts on January 6, 2026 and on each of the first and second anniversaries thereof, and will be subject to a post-vesting two-year hold period; in each case, provided that Mr. Hartmann continues to be employed on the vesting date and subject to customary exceptions.
- [F3]This figure excludes LTIP Units granted under the Company's outperformance plan, the vesting of which is subject to conditions, other than the passage of time and continued employment, which are not tied solely to the marked price of an equity security of the Company. The vesting conditions for the Company's outperformance plan relate to the Company's shareholder return relative to the total shareholder return of a basket of peer group companies and absolute performance of the Company's same-property income.
Documents
Issuer
ACADIA REALTY TRUST
CIK 0000899629
Entity typeother
Related Parties
1- filerCIK 0001538817
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 4:27 PM ET
- Size
- 7.1 KB