Gerard H. Sweeney - Jan 31, 2024 Form 4 Insider Report for BRANDYWINE REALTY TRUST (BDN)

Signature
/s/ Gerard H. Sweeney
Stock symbol
BDN
Transactions as of
Jan 31, 2024
Transactions value $
$203,474
Form type
4
Date filed
2/2/2024, 04:19 PM
Previous filing
Jul 5, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDN Common Shares of Beneficial Interest Tax liability -$50K -10.6K -0.56% $4.74 1.86M Jan 31, 2024 Direct F1, F2, F3
transaction BDN Common Shares of Beneficial Interest Options Exercise $462K +105K +5.64% $4.40 1.97M Feb 1, 2024 Direct F4
transaction BDN Common Shares of Beneficial Interest Tax liability -$209K -47.4K -2.41% $4.40 1.92M Feb 1, 2024 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects common shares withheld to satisfy payroll taxes due with respect to a scheduled distribution from the Company's deferred compensation plan.
F2 This filing also reports in the ending balance 13,361.54 additional common shares acquired under the Company's Dividend Reinvestment Plan(DRIP). Under the DRIP, 4,666.93 shares were acquired on July 20, 2023 at a transaction price of $4.9571 per share, 4,594.03 shares were acquired on October 18, 2023 at a transaction price of $4.2313 per share and 4,100.58 shares were acquired on January 18, 2024 at a transaction price of $5.0345 per share.
F3 This filing also reports in the ending balance of shares owned, 6,608.07 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,3,164.55 shares were acquired on September 7, 2023 at a transaction price of $3.95 per share and 3,443.52 shares were acquired on December 8, 2023 at a transaction price of $3.63 per share.
F4 Reflects the delivery of common shares under the reporting person's 2021-2023 Restricted Performance Share Unit Award
F5 Reflects common shares withheld to satisfy payroll taxes due upon delivery of common shares under the reporting person's 2021-2023 Restricted Performance Share Unit Award.