0000950170-25-014729.txt : 20250205
0000950170-25-014729.hdr.sgml : 20250205
20250205174408
ACCESSION NUMBER: 0000950170-25-014729
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20250203
FILED AS OF DATE: 20250205
DATE AS OF CHANGE: 20250205
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NAPOLITANO JOSEPH
CENTRAL INDEX KEY: 0001218913
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12002
FILM NUMBER: 25594702
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]
ORGANIZATION NAME: 05 Real Estate & Construction
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
ownership.xml
4
X0508
4
2025-02-03
0000899629
ACADIA REALTY TRUST
AKR
0001218913
NAPOLITANO JOSEPH
C/O ACADIA REALTY TRUST
411 THEODORE FREMD AVE
RYE
NY
10580
false
true
false
false
Sr. VP
false
Limited Partnership Units
0
2025-02-03
2025-02-03
4
A
false
13693
0
A
Common Shares of Beneficial Interest
13693
192801
D
Represents limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") granted to the employee under the Company's 2022 outperformance plan. Of these LTIP Units, 60% are currently vested with the remaining 40% to vest ratably on January 6, 2026 and 2027, based on continued employment by the Company.
These LTIP Units in ARLP represent the LTIPs that Mr. Napolitano has earned pursuant to the terms of his grant under the Company's 2022 outperformance plan, the amount of which depended on achieving certain performance criteria. 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.
/s/ Joseph Napolitano
2025-02-05