SEC Filings

DEF 14A
ACADIA REALTY TRUST filed this Form DEF 14A on 03/26/2019
Entire Document
 

     Without Cause

 

872,000

 

 

 

961,623

 

 

(3

)

 

 

 

1,024,388

 

 

 

19,183

 

 

     Change of Control and Termination

 

1,199,000

 

 

 

1,202,029

 

 

(3

)

 

 

 

1,024,388

 

 

 

28,775

 

 

 

 

 

 

 

 

 

 

 

 

 

Christopher Conlon

 

 

 

 

 

 

 

 

 

 

     For Cause or Voluntary Resignation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Death

 

431,000

 

 

 

1,052,117

 

 

(3

)

 

 

 

2,466,216

 

 

 

18,898

 

 

     Disability

 

431,000

 

 

 

1,052,117

 

 

(3

)

 

 

 

2,466,216

 

 

 

18,898

 

 

     Good Reason

 

862,000

 

 

 

1,578,176

 

 

(3

)

 

 

 

2,466,216

 

 

 

18,898

 

 

     Without Cause

 

862,000

 

 

 

1,578,176

 

 

(3

)

 

 

 

2,466,216

 

 

 

18,898

 

 

     Change of Control and Termination

 

1,185,250

 

 

 

1,972,719

 

 

(3

)

 

 

 

2,466,216

 

 

 

28,347

 

 

 

 

 

 

 

 

 

 

 

 

 

Joseph Napolitano

 

 

 

 

 

 

 

 

 

 

     For Cause or Voluntary Resignation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Death

 

344,000

 

 

 

510,108

 

 

(3

)

 

 

 

1,564,716

 

 

 

18,898

 

 

     Disability

 

344,000

 

 

 

510,108

 

 

(3

)

 

 

 

1,564,716

 

 

 

18,898

 

 

     Good Reason

 

688,000

 

 

 

765,162

 

 

(3

)

 

 

 

1,564,716

 

 

 

18,898

 

 

     Without Cause

 

688,000

 

 

 

765,162

 

 

(3

)

 

 

 

1,564,716

 

 

 

18,898

 

 

     Change of Control and Termination

 

946,000

 

 

 

956,453

 

 

(3

)

 

 

 

1,564,716

 

 

 

28,347

 

 

Notes:

 

(1) Reflects three years of severance salary for Mr. Bernstein. For the other NEOs, reflects one year of severance salary in the case of termination as a result of Death or Disability, two years of severance salary in the case of termination by the Company Without Cause or by the NEO for Good Reason not in connection with a Change in Control and 2.75 years of severance salary in the case of a Change of Control together with either termination Without Cause or for Good Reason.

 

(2) Reflects three years of severance bonuses and a pro-rated cash bonus for Mr. Bernstein.

 

(3) For the other NEOs, reflects one year of severance bonus and a pro-rated cash bonus in the case of termination as a result of Death or Disability, two years of severance bonus and a pro-rated cash bonus in the case of termination by the Company Without Cause or by the NEO for Good Reason not in connection with a Change in Control and 2.75 years of severance bonus and a pro-rated cash bonus in the case of a Change of Control together with either termination Without Cause or for Good Reason.

 

(4) Reflects the payment upon the immediate vesting of all Restricted Share Units and Restricted LTIP Units with the exception of those subject to performance measurement periods. In the case of Restricted Share Units and Restricted LTIP Units subject to performance measurement periods, they will remain unvested until such time as the measurement period is completed and will be measured at that time.

 

(5) Restricted Share payments based on the number of shares times $23.76, the closing price of the Company's Common Shares on December 31, 2018.

 

(6) Represents health coverage.

 


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