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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4/A |
| Period of Report: 2/16/24 |
| Date of Original Submission: 2/21/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 899629 |
| Issuer Name: ACADIA REALTY TRUST |
| Issuer Trading Symbol: AKR |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1678486 |
| | Owner Name: Gottfried John J. |
| Reporting Owner Address: |
| | Owner Street 1: C/O ACADIA REALTY TRUST |
| | Owner Street 2: 411 THEODORE FREMD AVE |
| | Owner City: RYE |
| | Owner State: NY |
| | Owner ZIP Code: 10580 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Executive VP and CFO |
| Aff 10b5 One: 0 |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: LTIP Units |
| | | Footnote ID: F1 |
| | Conversion or Exercise Price: |
| | | Value: 0.00 |
| | Transaction Date: |
| | | Value: 2/16/24 |
| | Deemed Execution Date: |
| | | Value: 2/16/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 61,350 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Footnote ID: F2 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Shares of Beneficial Interest |
| | | Underlying Security Shares: |
| Value: 61,350 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 304,339 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: 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. |
| Footnote - F2: This Form 4/A is filed solely to correct the vesting terms described in the initial Form 4 as follows: of the 61,350 LTIPs granted to Mr. Gottfried, (i) 24,912 will vest in equal amounts on January 6, 2025 and on each of the first, second, third and fourth anniversaries thereof, and (ii) 36,438 will vest in equal amounts on January 6, 2025 and on each of the first and second anniversaries thereof, and will be subject to a post-vesting two-year hold period; in each case, provided that Mr. Gottfried continues to be employed on the vesting date and subject to customary exceptions. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ John Gottfried |
| Signature Date: 3/5/24 |
