Form 4 for BDN BRANDYWINE REALTY TRUST
Accepted 2023-02-02 00:00:00 ET · period of report 2023-01-31 · accession 0001209191-23-006454 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-02-02 | 2023-01-31+ | BDN | SWEENEY GERARD H | Pres, CEO, Dir | F - Tax | $6.48 | -57.0K | 1.69M | -3% | -$369.1K |
| 2023-02-02 | 2023-02-01 | BDN | SWEENEY GERARD H | Pres, CEO, Dir | M - OptEx | $6.47 | +109.9K | 1.74M | +7% | +$711.2K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares of Beneficial Interest | 2023-01-31 | F | D | 7,372 | $6.56 | 1,627,353 | D | — | — | (F1) Reflects common shares withheld to satisfy payroll taxes due with respect to a scheduled distribution from the Company's deferred compensation plan. (F3) This filing also reports in the ending balance of shares owned, 3,710.13 additional common shares acquired under the Company's Employee Share Purchase Plan (ESPP). The ESPP shares were purchased following the Reporting Person's last Section 16 filing. Under the ESPP, 1,584.28 shares were acquired on September 12, 2022 at a transaction price of $7.89 per share and 2,125.85 shares were acquired on December 7, 2022 at a transaction price of $5.88 per share. The ESPP provides for the purchase of fractional shares. The numbers reported herein are rounded to the nearest whole number. (F2) This filing also reports in the ending balance 8,260.62 additional common shares acquired under the Company's Dividend Reinvestment Plan (DRIP). Under the DRIP, 1,962.14 shares were acquired on July 20, 2022 at a transaction price of $9.52 per share, 3,127.55 shares were acquired on October 20, 2022 at a transaction price of $6.19 per share and 3,170.93 shares were acquired on January 19, 2023 at a transaction price of $6.42 per share. |
| 2 | Common | Common Shares of Beneficial Interest | 2023-02-01 | F | D | 49,578 | $6.47 | 1,687,704 | D | — | — | (F5) Reflects common shares withheld to satisfy payroll taxes due upon delivery of common shares under the reporting person's 2020-2022 Restricted Performance Share Unit Award. |
| 3 | Common | Common Shares of Beneficial Interest | 2023-02-01 | M | A | 109,929 | $6.47 | 1,737,282 | D | — | — | (F4) Reflects the delivery of common shares under the reporting person's 2020-2022 Restricted Performance Share Unit Award |