4//SEC Filing
Jerome Numa 4
Accession 0001005477-08-000685
CIK 0000899629other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 3:39 PM ET
Size
6.6 KB
Accession
0001005477-08-000685
Insider Transaction Report
Form 4
Jerome Numa
Senior Vice President
Transactions
- Award
Limited Partnership Units
2008-01-31+3,771→ 3,771 totalExercise: $23.87→ Common Shares of Beneficial Interest (3,771 underlying)
Footnotes (1)
- [F1]On January 31, 2008, the reporting person received a grant of restricted units of Acadia Realty Limited Partnership (the "Operating Partnership"), the Operating Partnership of Acadia Realty Trust (the "Company"). The restricted units are a class of units of the Operating Partnership that are exchangeable by the holder, upon vesting, into an equivalent number of common units of the Operating Partnership, which are exchangeable on a 1:1 basis for the Company's common shares of beneficial interest. 50% of the restricted units will vest according to the following schedule: 14.286% of such restricted units will vest on January 6, 2009 and 14.286% of such restricted units will vest upon each of the next six anniversaries of such date. The remaining 50% will vest in accordance with the achievement by the Company of certain annual and cumulative benchmarks established by the Company's Board of Trustees.
Documents
Issuer
ACADIA REALTY TRUST
CIK 0000899629
Entity typeother
Related Parties
1- filerCIK 0001406253
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 3:39 PM ET
- Size
- 6.6 KB