0001209191-24-002001.txt : 20240122 0001209191-24-002001.hdr.sgml : 20240122 20240122164017 ACCESSION NUMBER: 0001209191-24-002001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240118 FILED AS OF DATE: 20240122 DATE AS OF CHANGE: 20240122 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BERNSTEIN KENNETH F CENTRAL INDEX KEY: 0001219735 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12002 FILM NUMBER: 24549310 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] 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 2024-01-18 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 0 Limited Partnership Units 0.00 2024-01-18 2024-01-18 4 A 0 59760 0.00 A Common Shares of Beneficial Interest 59760 2143333 D Represents limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") granted to the employee under the Company's 2021 outperformance plan. Of these LTIP Units, 60% are currently vested with the remaining 40% to vest ratably on January 6, 2025 and 2026,based on continued employment by 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 2021 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 2024-01-22