0001140361-11-014866.txt : 20110307 0001140361-11-014866.hdr.sgml : 20110307 20110307180601 ACCESSION NUMBER: 0001140361-11-014866 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110303 FILED AS OF DATE: 20110307 DATE AS OF CHANGE: 20110307 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: 11669920 MAIL ADDRESS: STREET 1: C/O ACADIA REALTY TRUST STREET 2: 20 SOUNDVIEW MARKETPLACE CITY: PORTWASHINGTON STATE: NY ZIP: 11050 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 4 1 doc1.xml FORM 4 X0303 4 2011-03-03 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 Limited Partnership Units 19.05 2011-03-03 4 A 0 230971 0 A Common Shares of Beneficial Interest 230971 499485 D On March 3, 2011 ("Grant Date"), Mr. Bernstein was awarded these restricted limited partnership units in Acadia Realty Limited Partnership ("LTIPs"). 83,989 of these LTIPs shall vest subject to the following schedule: equal amounts shall vest on January 6, 2012 (the "First Vesting Date") and on each of the 1st, 2nd, 3rd and 4th anniversaries thereof, provided that Mr. Bernstein continues to be employed by the Company through the vesting date in question (each a "Vesting Date"). 50% of 41,995 LTIPs will vest subject to the same schedule and Mr. Bernstein's continued employment, and the other 50% subject to the same schedule, Mr. Bernstein's continued employment and Acadia Realty Trust (the "Company") achieving certain annual and cumulative benchmarks established by the Company's Board of Trustees. 104,987 LTIPs will vest as follows: 5,250 on the 1st, 2nd, 3rd and 4th anniversaries. The remaining balance of 83,987 will vest on the 5th anniversary. This number represents the total number of LTIP Units now held by Mr. Bernstein, of which 73,037 are vested and 426,448 are unvested. Kenneth F. Bernstein 2011-03-07