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ACADIA REALTY TRUST — Director's Dealing 2012
Feb 17, 2012
31420_dirs_2012-02-17_3660544a-1cb6-424b-964e-28737167f28f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ACADIA REALTY TRUST (AKR)
CIK: 0000899629
Period of Report: 2012-02-17
Reporting Person: BERNSTEIN KENNETH F (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-17 | Common Shares of Beneficial Interest - $.001 Par Value | S | 75000 | $21.99 | Disposed | 470471 | Direct |
Footnotes
F1: These shares were sold in 11 separate sales transactions at a weighted average sales price of $21.99181818. The actual price at which these shares were sold range from $21.94 to $22.06 per share. Mr. Bernstein will provide, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full detailed information regarding the number of shares sold at each separate price.
F2: In part, these shares were sold to reimburse Mr. Bernstein for the income taxes due in connection with the conversion on February 14th of LTIP Units ultimately into common shares of Acadia Realty Trust.