John N. Burke - 17 May 2022 Form 4 Insider Report for FRANKLIN STREET PROPERTIES CORP /MA/ (FSP)

Role
Director
Signature
/s/ John N. Burke
Issuer symbol
FSP
Transactions as of
17 May 2022
Net transactions value
$0
Form type
4
Filing time
18 May 2022, 12:11:06 UTC
Previous filing
10 Feb 2022
Next filing
19 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSP Common Stock Award $0 +12,019 +400633% $0.000000 12,022 17 May 2022 Direct F1, F2
holding FSP Common Stock 32,987 17 May 2022 By Trust F2
holding FSP Common Stock 27,087 17 May 2022 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $56,250 divided by $4.68, the closing price of the Issuer's common stock on the grant date.
F2 On June 18, 2021, 11,093 shares of the Issuer's common stock previously reported as directly held by the reporting person were transferred to the reporting person's revocable living trust, as to which he is the trustee with full investment authority and sole beneficiary.