0001140361-14-032304.txt : 20140813 0001140361-14-032304.hdr.sgml : 20140813 20140813173722 ACCESSION NUMBER: 0001140361-14-032304 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140812 FILED AS OF DATE: 20140813 DATE AS OF CHANGE: 20140813 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: 1311 MAMARONECK AVENUE STREET 2: SUITE 260 CITY: WHITE PLAINS STATE: NY ZIP: 10605 BUSINESS PHONE: 914-288-8100 MAIL ADDRESS: STREET 1: 1311 MAMARONECK AVENUE STREET 2: SUITE 260 CITY: WHITE PLAINS STATE: NY ZIP: 10605 FORMER COMPANY: FORMER CONFORMED NAME: MARK CENTERS TRUST DATE OF NAME CHANGE: 19930329 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BERNSTEIN KENNETH F CENTRAL INDEX KEY: 0001219735 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12002 FILM NUMBER: 141038684 MAIL ADDRESS: STREET 1: C/O ACADIA REALTY TRUST STREET 2: 20 SOUNDVIEW MARKETPLACE CITY: PORTWASHINGTON STATE: NY ZIP: 11050 4 1 doc1.xml FORM 4 X0306 4 2014-08-12 0 0000899629 ACADIA REALTY TRUST AKR 0001219735 BERNSTEIN KENNETH F C/O ACADIA REALTY TRUST 1311 MAMARONECK AVENUE, SUITE 260 WHITE PLAINS NY 10605 1 1 0 0 President and CEO Common Shares of Beneficial Interest - $.001 Par Value 2014-08-12 4 C 0 25000 A 415327 D Common Shares of Beneficial Interest - $.001 Par Value 2014-08-12 4 S 0 51300 28.41 D 364027 D Common Shares of Beneficial Interest - $.001 Par Value 2014-08-13 4 C 0 25000 A 389027 D Common Shares of Beneficial Interest - $.001 Par Value 2014-08-13 4 S 0 48700 28.39 D 340327 D Limited Partnership Units 2014-08-12 4 C 0 25000 D Operating Partnership Units 25000 801335 D Operating Partnership Units 2014-08-12 4 C 0 25000 A Common Shares 25000 168639 D Operating Partnership Units 2014-08-12 4 C 0 25000 D Common Shares 25000 143639 D Limited Partnership Units 2014-08-13 4 C 0 25000 D Operating Partnership Units 25000 776335 D Operating Partnership Units 2014-08-13 4 C 0 25000 A Common Shares 25000 168639 D Operating Partnership Units 2014-08-13 4 C 0 25000 D Common Shares 25000 143639 D These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Bernstein 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 Acadia Realty Trust. There is no expiration date for the conversion of LTIP Units or OP Units. These shares were sold in 16 separate sales transactions at a weighted average sales price of $28.41. The actual price at which these shares were sold range from $28.32 to $28.50 per share. Mr. Bernstein 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. These shares were sold in 11 separate sales transactions at a weighted average sales price of $28.39. The actual price at which these shares were sold range from $28.36 to $28.42 per share. Mr. Bernstein 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. This number represents the total number of vested, common shares held by Mr. Bernstein. This number represents the total number of LTIPs held by Mr. Bernstein after the conversion of LTIPs to OP Units. This number represents the total number of OP Units held by Mr. Bernstein after the conversion of LTIPs to OP Units. This number represents the number of OP Units held by Mr. Bernstein after the converstion of OP Units to common shares. Kenneth F. Bernstein 2014-08-13