-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GYqBr2CJY0YtsKcdQqWh0T6jfUXWwmoz4Ca8DDy6pTighbDP1kRwQ/zWXljSwfa5 CPYI/DGgvBplOhhrgZ/kcw== 0001116679-03-000059.txt : 20030114 0001116679-03-000059.hdr.sgml : 20030114 20030113150127 ACCESSION NUMBER: 0001116679-03-000059 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030110 FILED AS OF DATE: 20030113 SUBJECT COMPANY: 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 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12002 FILM NUMBER: 03512146 BUSINESS ADDRESS: STREET 1: 20 SOUNDVIEW MARKETPLACE STREET 2: PO BOX 1679 CITY: PORT WASHINGTON STATE: NY ZIP: 11050 BUSINESS PHONE: 5167678830 MAIL ADDRESS: STREET 1: 600 THIRD AVE STREET 2: PO BOX 1679 CITY: KINGSTON STATE: PA ZIP: 18704 FORMER COMPANY: FORMER CONFORMED NAME: MARK CENTERS TRUST DATE OF NAME CHANGE: 19930329 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: KAMERMAN PERRY S CENTRAL INDEX KEY: 0001213920 RELATIONSHIP: DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: C/O ACADIA REALTY TRUST STREET 2: 20 SOUNDVIEW MARKETPLACE CITY: PORT WASHINGTON STATE: NY ZIP: 11050 BUSINESS PHONE: 5167678830 MAIL ADDRESS: STREET 1: C/O ACADIA REALTY TRUST STREET 2: 20 SOUNDVIEW MARKETPLACE CITY: PORT WASHINGTON STATE: NY ZIP: 11050 4 1 fm4.txt ACADIA REALTY TRUST - ----------------------------- ----------------------------- | FORM 4 | U.S. SECURITIES AND EXCHANGE COMMISSION | OMB APPROVAL | - ----------------------------- Washington, D.C. 20549 |---------------------------- [_] Check this box | OMB Number: 3235-0287 | if no longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES | Expires: January 31, 2005 | to Section 16. Form 4 | Estimated average burden | or Form 5 obligations Filed pursuant to Section 16(a) of the Securities Exchange | hours per response....0.5 | may continue. See Act of 1934, Section 17(a) of the Public Utility Holding ----------------------------- Instruction 1(b). Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 (Print or Type Responses) - ------------------------------------------------------------------------------------------------------------------------------------ | 1. Name and Address of | 2. Issuer Name and Ticker or Trading Symbol| 6. Relationship of Reporting Person(s) | | Reporting Person* | | to Issuer (Check all applicable) | | | Acadia Realty Trust (AKR) | | | Kamerman, Perry ---------------------------------------------- | | Director |_| 10% Owner | | | 3. IRS | 4. Statement for | |X| Officer (give title |_| Other (specify | - -------------------------------------- Identification | Month/Day/Year| below) below) | | (Last) (First) (Middle) | Number of | | | | | Reporting Person, | 01/10/03 | Chief Financial Officer | | c/o Acadia Realty Trust | Person, if an --------------------------------------------------------------------- | 20 Soundview Marketplace | entity | 5. If Amendment, | 7. Individual or Joint/Group Filing | - -------------------------------------- (voluntary) | Date of Orig- | (Check Applicable Line) | | (Street) | | inal (Month/ | | | | | Day/Year) | |X| Form filed by One Reporting Person | | Port Washington, NY 11050 | ###-##-#### | | |_| Form filed by More than One Reporting | | | | | Person | - ------------------------------------------------------------------------------------------------------------------------------------ | (City) (State) (Zip) | Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | - ------------------------------------------------------------------------------------------------------------------------------------ | 1. | 2. | 2A. | 3. | 4. | 5. | 6. | 7. | | Title of Security | Trans- | Deemed | Trans- | Securities Acquired (A) | Amount of | Owner- | Nature of| | (Instr. 3) | action | Execu- | action | or Disposed of (D) | Securities | ship | Indirect | | | Date | tion | Code | (Instr. 3, 4 and 5) | Beneficially | Form: | Bene- | | | | Date, | Instr. 8) | | Owned Follow- | Direct | ficial | | | (Month/ | if any --------------------------------------------------- ing Reported | (D) or | Owner- | | | Day/ | (Month/ | | | |(A)| | Transaction(s)| Indirect | ship | | | Year) | Day/ | | | |or | | (Instr. 3 | (I) | (Instr. | | | | Year) | Code | V | Amount |(D)| Price | and 4) | (Instr.4) | 4) | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). Page 1 of 3 Pages
- ------------------------------------------------------------------------------------------------------------------------------------ | FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned | | (e.g., puts, calls, warrants, options, convertible securities) | - ------------------------------------------------------------------------------------------------------------------------------------ |1. |2. |3. |3A. |4. |5. |6. |7. |8. |9. |10. |11. | |Title of |Conver- |Trans- |Deemed |Trans- |Number of |Date Exer- |Title and Amount |Price |Number |Owner- |Nature | |Derivative |sion |action |Execu- |action |Derivative |cisable and |of Underlying |of |of |ship |of | |Security |or |Date |tion |Code |Securities |Expiration |Securities |Deriv- |Deriv- |Form |In- | |(Instr. 3) |Exer- |(Month/ |Date, |(Instr.|Acquired (A)|Date |(Instr. 3 and 4) |ative |ative |of |direct | | |cise |Day/ |if any | 8) |or Disposed |(Month/Day/ | |Secur- |Secur- |Deriv- |Bene- | | |Price |Year) |(Month/ | |of(D) |Year) | |ity |ities |ative |ficial | | |of | |Day/ | |(Instr. 3, | | |(Instr. |Bene- |Secur- |Owner- | | |Deriv- | |Year) | | 4 and 5) | | | 5) |ficially |ity: |ship | | |ative | | | | |-----------------------------------| |Owned |Direct |(Instr.| | |Secur- | | | | | | | | | |Following|(D) or | 4) | | |ity | | | | | | | |Amount | |Reported |In- | | | | | | | | |Date |Expi- | |or | |Trans- |direct | | | | | | ---------------------|Exer- |ra- | |Number | |action(s)|(I) | | | | | | | | | | |cis- |tion | |of | |(Instr. |(Instr.| | | | | | | Code|V| (A) | (D) |able |Date |Title |Shares | | 4) | 4) | | - ------------------------------------------------------------------------------------------------------------------------------------ |Options to |$5.75 |1/10/ | | X | | |140,0|Note 2 |8/11/ |Common |140,000 |$7.62 |50,000 |D | | |purchase | |2003 | | | | |00 | |2008 |Shares | | | | | | |Common | | | |Note | | | | | | | | |Note 4 | | | |Shares | | | | 1 | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ |Options to |$5.00 |1/10/ | | X | | |10,00|1/3/ |1/2/ |Common |10,000 |$7.62 |50,000 |D | | |purchase | |2003 | | | | |0 |2000 |2010 |Shares | | | | | | |Common | | | |Note | | | | | | | | |Note 4 | | | |Shares | | | | 1 | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ |Options to |$6.00 |1/10/ | | X | | |25,00|Note 3 |1/1/ |Common |25,000 |$7.62 |50,000 |D | | |purchase | |2003 | | | | |0 | |2011 |Shares | | | | | | |Common | | | |Note | | | | | | | | |Note 4 | | | |Shares | | | | 1 | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ Explanation of Responses: /s/ Perry Kamerman ** Intentional misstatements or omissions of facts ----------------------------------- ----------------------- constitute Federal Criminal Violations. See 18 U.S.C. **Signature of Reporting Person Date 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Page 2 of 3 Pages
NAME AND ADDRESS: Perry Kamerman c/o Acadia Realty Trust 20 Soundview Marketplace Port Washington, NY 11050 ISSUER NAME AND TRADING SYMBOL: Acadia Realty Trust (AKR) STATEMENT FOR: January 2003 NOTE 1: On January 10, 2003, Mr. Kamerman exercised 175,000 options to purchase common shares of beneficial interest ("Common Shares"). In lieu of purchasing shares at the option exercise price, the Company's 1999 Share Option Plan provides the alternative to all employees to receive an amount in cash equal to the difference between the exercise price of the option and the average daily trading price of the Common Shares upon the exercise of their options. As a result of electing this alternative, Mr. Kamerman received $328,500 upon the exercise of the above options. NOTE 2: One third of the options were exercisable as of the grant date, August 12, 1998, with a third of the remaining options vesting on each of the next two anniversaries of the grant date. NOTE 3: One third of the options were exercisable as of the grant date, January 2, 2001, with a third of the remaining options vesting on each of the next two anniversaries of the grant date. NOTE 4: Post-exercise direct derivative security holdings consist of 50,000 Operating Partnership Units, which are exchangeable into a like number of Common Shares. Page 3 of 3 Pages -6-
-----END PRIVACY-ENHANCED MESSAGE-----