0001209191-19-010608.txt : 20190215
0001209191-19-010608.hdr.sgml : 20190215
20190215162743
ACCESSION NUMBER: 0001209191-19-010608
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190214
FILED AS OF DATE: 20190215
DATE AS OF CHANGE: 20190215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NAPOLITANO JOSEPH
CENTRAL INDEX KEY: 0001218913
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12002
FILM NUMBER: 19611862
MAIL ADDRESS:
STREET 1: PAUL HASTINGS
STREET 2: 75 EAST 55TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ACADIA REALTY TRUST
CENTRAL INDEX KEY: 0000899629
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 232715194
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 411 THEODORE FREMD AVENUE
STREET 2: SUITE 300
CITY: RYE
STATE: NY
ZIP: 10580
BUSINESS PHONE: 914-288-8100
MAIL ADDRESS:
STREET 1: 411 THEODORE FREMD AVENUE
STREET 2: SUITE 300
CITY: RYE
STATE: NY
ZIP: 10580
FORMER COMPANY:
FORMER CONFORMED NAME: MARK CENTERS TRUST
DATE OF NAME CHANGE: 19930329
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-02-14
0
0000899629
ACADIA REALTY TRUST
AKR
0001218913
NAPOLITANO JOSEPH
C/O ACADIA REALTY TRUST
411 THEODORE FREMD AVE
RYE
NY
10580
0
1
0
0
Sr. VP
Common Shares of Beneficial Interest - $.001 Par Value
2019-02-15
2019-02-15
5
C
1
E
13000
0.00
A
13118
D
Common Shares of Beneficial Interest - $.001 Par Value
2019-02-15
2019-02-15
5
S
0
E
13000
29.50
D
118
D
Limited Partnership Units
0.00
2019-02-14
2019-02-14
5
A
0
E
18052
0.00
A
Common Shares of Beneficial Interest
18052
148169
D
Limited Partnership Units
0.00
2019-02-15
2019-02-15
5
C
1
E
13000
0.00
D
Common Shares of Beneficial Interest
13000
135169
D
On February 14, 2019, Mr. Napolitano was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 18,052 LTIP Units shall vest as follows: equal amounts shall vest on January 6, 2020 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Napolitano continues to be employed on the vesting date in question. 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.
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.
Joseph Napolitano
2019-02-15