AKR

SEC source: 0000899629-17-000029 · wf-form4_148883610449575.xml · nonDerivative · entry 1

LUSCOMBE WENDY W · CIK 0001241950 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,099

F1 · balance_after: This number represents the total number of deferred shares (21,245 vested deferred shares and 4,854 unvested deferred shares) held by Ms. Luscombe following this sale.

SEC source: 0000899629-17-000027 · wf-form4_148849732872129.xml · nonDerivative · entry 1

BRAUN JOEL L · CIK 0001218906 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 170,431

F1 · shares: On February 28, 2017, Mr. Braun was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 30,570 LTIP Units shall vest as follows: equal amounts shall vest on January 6, 2018 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Braun continues to be employed on the vesting date in question. 50% of the remaining 16,304 LTIP Units will vest subject to the same schedule and Mr. Braun's continued employment and the other 50% as follows: 60% shall vest on January 6, 2020, subject to Mr. Braun's continued employment and the Company achieving certain cumulative benchmarks established by the Company's Board of Trustees. Provided that the initial 60% vests as described above and further provided that Mr. Braun is continuously employed by the Company, 20% shall vest on January 6, 2021 and 20% shall vest on January 6, 2022.

F2 · balance_after: This number represents the total number of LTIP Units (39,451 vested and 130,980 unvested) now held by Mr. Braun.

SEC source: 0000899629-17-000025 · wf-form4_148849716675213.xml · nonDerivative · entry 1

Blacksberg Jason · CIK 0001608055 · Sr. V.P. and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,898

F1 · shares: On February 28, 2017, Mr. Blacksberg was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 14,149 LTIP Units shall vest as follows: equal amounts shall vest on January 6, 2018 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Blacksberg continues to be employed on the vesting date in question. 50% of the remaining 7,545 LTIP Units will vest subject to the same schedule and Mr. Blacksberg's continued employment and the other 50% as follows: 60% shall vest on January 6, 2020, subject to Mr. Blacksberg's continued employment and the Company achieving certain cumulative benchmarks established by the Company's Board of Trustees. Provided that the initial 60% vests as described above and further provided that Mr. Blacksberg is continuously employed by the Company, 20% shall vest on January 6, 2021 and 20% shall vest on January 6, 2022.

F2 · balance_after: This number represents the total number of LTIP Units (5,592 vested and 40,306 unvested) now held by Mr. Blacksberg.

SEC source: 0000899629-17-000023 · wf-form4_148849701425489.xml · nonDerivative · entry 1

Conlon Christopher · CIK 0001514903 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 139,112

F1 · shares: On February 28, 2017, Mr. Conlon was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 36,144 LTIP Units shall vest as follows: equal amounts shall vest on January 6, 2018 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Conlon continues to be employed on the vesting date in question. 50% of the remaining 19,277 LTIP Units will vest subject to the same schedule and Mr. Conlon's continued employment and the other 50% as follows: 60% shall vest on January 6, 2020, subject to Mr. Conlon's continued employment and the Company achieving certain cumulative benchmarks established by the Company's Board of Trustees. Provided that the initial 60% vests as described above and further provided that Mr. Conlon is continuously employed by the Company, 20% shall vest on January 6, 2021 and 20% shall vest on January 6, 2022.

F2 · balance_after: This number represents the total number of LTIP Units (28,083 vested and 111,029 unvested) now held by Mr. Conlon.

SEC source: 0000899629-17-000021 · wf-form4_148849686564239.xml · nonDerivative · entry 1

BERNSTEIN KENNETH F · CIK 0001219735 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,122,000

F1 · shares: On February 28, 2017, Mr. Bernstein was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 78,473 LTIP Units shall vest as follows: equal amounts shall vest on January 6, 2018 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Bernstein continues to be employed on the vesting date in question. 50% of the remaining 41,852 LTIP Units will vest subject to the same schedule and Mr. Bernstein's continued employment and the other 50% as follows: 60% shall vest on January 6, 2020, subject to Mr. Bernstein's continued employment and the Company achieving certain cumulative benchmarks established by the Company's Board of Trustees. Provided that the initial 60% vests as described above and further provided that Mr. Bernstein is continuously employed by the Company, 20% shall vest on January 6, 2021 and 20% shall vest on January 6, 2022.

F2 · balance_after: This number represents the total number of LTIP Units (704,595 vested and 417,405 unvested) now held by Mr. Bernstein.

SEC source: 0000899629-17-000019 · wf-form4_148849677430909.xml · nonDerivative · entry 1

Gottfried John J. · CIK 0001678486 · Senior Vice President/CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,690

F1 · shares: On February 28, 2017, Mr. Gottfried was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 4,373 LTIP Units shall vest as follows: 50% shall vest on January 6, 2018 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Gottfried continues to be employed on the vesting date in question. The other 50% as follows: 60% shall vest on January 6, 2020, subject to Mr. Gottfried's continued employment and the Company achieving certain cumulative benchmarks established by the Company's Board of Trustees. Provided that the initial 60% vests as described above and further provided that Mr. Gottfried is continuously employed by the Company, 20% shall vest on January 6, 2021 and 20% shall vest on January 6, 2022.

F2 · balance_after: This number represents the total number of LTIP Units (9,675 vested and 24,015 unvested) now held by Mr. Gottfried.

SEC source: 0000899629-17-000016 · wf-form4_148849590068700.xml · nonDerivative · entry 1

Hartmann Richard · CIK 0001538817 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,777

F1 · shares: On February 28, 2017, Mr. Hartmann was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 8,082 LTIP Units shall vest as follows: equal amounts shall vest on January 6, 2018 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Hartmann continues to be employed on the vesting date in question. 50% of the remaining 4,310 LTIP Units will vest subject to the same schedule and Mr. Hartmann's continued employment and the other 50% as follows: 60% shall vest on January 6, 2020, subject to Mr. Hartmann's continued employment and the Company achieving certain cumulative benchmarks established by the Company's Board of Trustees. Provided that the initial 60% vests as described above and further provided that Mr. Hartmann is continuously employed by the Company, 20% shall vest on January 6, 2021 and 20% shall vest on January 6, 2022.

F2 · balance_after: This number represents the total number of LTIP Units (19,407 vested and 30,370 unvested) now held by Mr. Hartmann.

SEC source: 0000899629-17-000014 · wf-form4_148849571758968.xml · nonDerivative · entry 1

NAPOLITANO JOSEPH · CIK 0001218913 · Sr. Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 130,541

F1 · shares: On February 28, 2017, Mr. Napolitano was awarded these restricted limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership (the "Company"). 15,624 LTIP Units shall vest as follows: equal amounts shall vest on January 6, 2018 and on each of the first, second, third and fourth anniversaries thereof, provided that Mr. Napolitano continues to be employed on the vesting date in question. 50% of the remaining 8,333 LTIP Units will vest subject to the same schedule and Mr. Napolitano's continued employment and the other 50% as follows: 60% shall vest on January 6, 2020, subject to Mr. Napolitano's continued employment and the Company achieving certain cumulative benchmarks established by the Company's Board of Trustees. Provided that the initial 60% vests as described above and further provided that Mr. Napolitano is continuously employed by the Company, 20% shall vest on January 6, 2021 and 20% shall vest on January 6, 2022.

F2 · balance_after: This number represents the total number of LTIP Units (68,469 vested and 62,072 unvested) now held by Mr. Napolitano.

SEC source: 0000899629-17-000006 · wf-form4_148788610711476.xml · derivative · entry 5

NAPOLITANO JOSEPH · CIK 0001218913 · Sr. Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Operating Partnership Units · 7,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Napolitano which vested in accordance with the terms of each grant. 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.

F1 · derivative.exercise_date: These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Napolitano which vested in accordance with the terms of each grant. 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.

F1 · derivative.expiration_date: These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Napolitano which vested in accordance with the terms of each grant. 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.

F6 · balance_after: This number represents the total number of OP Units held by Mr. Napolitano following the conversion of 7,500 OP Units into an equal number of Common Shares, as reported in this Form 4.

SEC source: 0000899629-17-000006 · wf-form4_148788610711476.xml · derivative · entry 4

NAPOLITANO JOSEPH · CIK 0001218913 · Sr. Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,500

Underlying: Operating Partnership Units · 7,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Napolitano which vested in accordance with the terms of each grant. 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.

F1 · derivative.exercise_date: These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Napolitano which vested in accordance with the terms of each grant. 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.

F1 · derivative.expiration_date: These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Napolitano which vested in accordance with the terms of each grant. 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.

F5 · balance_after: This number represents the total number of OP Units held by Mr. Napolitano following the conversion of 7,500 LTIP Units into an equal number of OP Units, as reported in this Form 4.

SEC source: 0000899629-17-000006 · wf-form4_148788610711476.xml · derivative · entry 3

NAPOLITANO JOSEPH · CIK 0001218913 · Sr. Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,585

Underlying: Operating Partnership Units · 7,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Napolitano which vested in accordance with the terms of each grant. 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.

F1 · derivative.exercise_date: These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Napolitano which vested in accordance with the terms of each grant. 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.

F1 · derivative.expiration_date: These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Napolitano which vested in accordance with the terms of each grant. 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.

F4 · balance_after: This number represents the total number of LTIP Units (68,469 vested and 38,116 unvested) held by Mr. Napolitano following the conversion of 7,500 LTIP Units into an equal number of OP Units, as reported in this Form 4.

SEC source: 0000899629-17-000006 · wf-form4_148788610711476.xml · nonDerivative · entry 2

NAPOLITANO JOSEPH · CIK 0001218913 · Sr. Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118

F2 · price: These shares were sold in 31 separate sales transactions at a weighted average sales price of $32.17. The actual price at which these shares were sold range from $32.06 to $32.30 per share. Mr. Napolitano 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.

F3 · balance_after: This number represents the total number of Common Shares (all vested) held by Mr. Napolitano at this time.

SEC source: 0000899629-17-000006 · wf-form4_148788610711476.xml · nonDerivative · entry 1

NAPOLITANO JOSEPH · CIK 0001218913 · Sr. Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,618

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Napolitano which vested in accordance with the terms of each grant. 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.

F1 · acquired: These limited partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP") represent a portion of the LTIPs that were granted to Mr. Napolitano which vested in accordance with the terms of each grant. 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.