DANIEL A. PALAZZO - 31 Jan 2024 Form 4 Insider Report for BRANDYWINE REALTY TRUST (BDN)

Role
SVP & Chief Accounting Officer
Signature
/s/ Shawn Neuman, as Attorney-In-Fact for Daniel A. Palazzo
Issuer symbol
BDN
Transactions as of
31 Jan 2024
Net transactions value
+$19,701
Form type
4
Filing time
02 Feb 2024, 16:24:47 UTC
Previous filing
19 Apr 2023
Next filing
28 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDN Common Shares of Beneficial Interest Tax liability $6,532 -1,378 -1.3% $4.74 102,874 31 Jan 2024 Direct F1
transaction BDN Common Shares of Beneficial Interest Options Exercise $28,970 +6,584 +6.4% $4.40 109,458 01 Feb 2024 Direct F2
transaction BDN Common Shares of Beneficial Interest Tax liability $2,737 -622 -0.57% $4.40 108,836 01 Feb 2024 Direct F3
* 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 Reflects the delivery of common shares under the reporting person's 2021-2023 Restricted Performance Share Unit Award.
F3 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.