Adam D. Portnoy - Jun 7, 2023 Form 4 Insider Report for DIVERSIFIED HEALTHCARE TRUST (DHC)

Role
Director
Signature
/s/ Adam D. Portnoy
Stock symbol
DHC
Transactions as of
Jun 7, 2023
Transactions value $
$14,716,574
Form type
4
Date filed
6/9/2023, 06:12 PM
Previous filing
Jun 6, 2023
Next filing
Jun 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHC Common Shares of Beneficial Interest Purchase $5.61M +2.4M +21.33% $2.34 13.7M Jun 7, 2023 See Footnote F1, F4
transaction DHC Common Shares of Beneficial Interest Purchase $4.16M +1.69M +12.38% $2.46 15.3M Jun 8, 2023 See Footnote F2, F4
transaction DHC Common Shares of Beneficial Interest Purchase $4.94M +1.91M +12.42% $2.59 17.2M Jun 9, 2023 See Footnote F3, F4
holding DHC Common Shares of Beneficial Interest 214K Jun 7, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $2.18 to $2.42 per share. Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, undertakes to provide to Diversified Healthcare Trust (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 The reported price is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $2.03 to $2.645 per share. Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 The reported price is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $2.38 to $2.755 per share. Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F4 These shares are held by ABP Trust; Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, may be deemed to be a beneficial owner of these shares, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein.