John N. Burke - 31 May 2024 Form 4 Insider Report for FRANKLIN STREET PROPERTIES CORP /MA/ (FSP)

Role
Director
Signature
/s/ John N. Burke
Issuer symbol
FSP
Transactions as of
31 May 2024
Net transactions value
$0
Form type
4
Filing time
03 Jun 2024, 14:35:01 UTC
Previous filing
19 May 2023
Next filing
02 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSP Common Stock Award $0 +22,727 +1136350% $0.000000 22,729 31 May 2024 Direct F1
holding FSP Common Stock 72,784 31 May 2024 By Trust F2
holding FSP Common Stock 27,087 31 May 2024 By 401(k)
* 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 $1.98, the closing price of the Issuer's common stock on the grant date.
F2 On November 29, 2023, 27,797 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.