0001209191-21-007202.txt : 20210203
0001209191-21-007202.hdr.sgml : 20210203
20210203160916
ACCESSION NUMBER: 0001209191-21-007202
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210201
FILED AS OF DATE: 20210203
DATE AS OF CHANGE: 20210203
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: 21586276
MAIL ADDRESS:
STREET 1: C/O ACADIA REALTY TRUST
STREET 2: 411 THEODORE FREMD AVENUE, SUITE 300
CITY: RYE
STATE: NY
ZIP: 10580
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: 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
X0306
4
2021-02-01
0
0000899629
ACADIA REALTY TRUST
AKR
0001219735
BERNSTEIN KENNETH F
C/O ACADIA REALTY TRUST
411 THEODORE FREMD AVE
RYE
NY
10580
1
1
0
0
President and CEO
Limited Partnership Units
0.00
2021-02-01
2021-02-01
4
A
0
9682
0.00
A
Common Shares of Beneficial Interest
9682
1467519
D
Represents limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") granted to the employee under the Company's 2018 outperformance plan. Of these LTIP Units, 60% are currently vested with the remaining 40% to vest ratably on January 6, 2022 and 2023,based on continued employment with the Company.
These LTIP Units in ARLP represent the LTIPs that Mr. Bernstein has earned pursuant to the terms of his grant under the Company's 2018 outperformance plan, the amount of which depended on achieving certain performance criteria. 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.
/s/ Kenneth Bernstein
2021-02-03