0001209191-24-005548.txt : 20240506
0001209191-24-005548.hdr.sgml : 20240506
20240506162634
ACCESSION NUMBER: 0001209191-24-005548
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240502
FILED AS OF DATE: 20240506
DATE AS OF CHANGE: 20240506
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Denien Mark A
CENTRAL INDEX KEY: 0001431678
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12002
FILM NUMBER: 24917928
MAIL ADDRESS:
STREET 1: 600 E 96TH ST, #100
CITY: INDIANAPOLIS
STATE: IN
ZIP: 46240
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
doc4.xml
FORM 4 SUBMISSION
X0508
4
2024-05-02
0
0000899629
ACADIA REALTY TRUST
AKR
0001431678
Denien Mark A
C/O ACADIA REALTY TRUST
411 THEODORE FREMD AVE
RYE
NY
10580
1
0
0
0
0
LTIP Units
0.00
2024-05-02
2024-05-02
4
A
0
6513
0.00
A
Common Shares of Beneficial Interest
6513
28193
D
LTIP Units
0.00
2024-05-02
2024-05-02
4
A
0
5862
0.00
A
Common Shares of Beneficial Interest
5862
34055
D
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.
This grant was awarded in connection with the payment of annual Trustee fees. Trustees have the option to convert all or part of any cash payment due to them to LTIP Units with a vesting period of one year at a 10% discount to the preceding 20-day average share price from the date of issuance. These LTIP Units reflect the portion of Mr. Denien's cash compensation that he elected to receive in LTIP Units and represent the number of LTIP Units he was entitled to receive after giving effect to the 10% discount. These LTIP Units shall vest on May 9, 2025. There is no expiration date for the conversion of LTIP Units.
This grant was awarded in connection with the payment of annual Trustee fees. These LTIP Units shall vest according to the following schedule:
one-third shall vest on May 9, 2025, one-third shall vest on May 9, 2026 and the remaining third shall vest on May 9, 2027. There is no expiration date for the conversion of LTIP Units.
/s/ Mark Denien
2024-05-06