John N. Burke - May 18, 2023 Form 4 Insider Report for FRANKLIN STREET PROPERTIES CORP /MA/ (FSP)

Role
Director
Signature
/s/ John N. Burke
Stock symbol
FSP
Transactions as of
May 18, 2023
Transactions value $
$0
Form type
4
Date filed
5/19/2023, 05:18 PM
Previous filing
May 18, 2022
Next filing
Jun 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSP Common Stock Award $0 +27.8K +126259.09% $0.00 27.8K May 18, 2023 Direct F1
holding FSP Common Stock 45K May 18, 2023 By Trust F2
holding FSP Common Stock 27.1K May 18, 2023 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 $45,000 divided by $1.62, the closing price of the Issuer's common stock on the grant date.
F2 On June 9, 2022, 12,000 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.