Bruce J. Schanzer - Dec 11, 2024 Form 4 Insider Report for FRANKLIN STREET PROPERTIES CORP /MA/ (FSP)

Role
Director
Signature
/s/ Bruce J. Schanzer
Stock symbol
FSP
Transactions as of
Dec 11, 2024
Transactions value $
$284,105
Form type
4
Date filed
12/13/2024, 04:09 PM
Previous filing
Dec 6, 2024
Next filing
Dec 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSP Common Stock Purchase $207K +111K +3.36% $1.87 3.41M Dec 11, 2024 See footnote F1, F2
transaction FSP Common Stock Purchase $76.9K +40.6K +1.19% $1.89 3.45M Dec 12, 2024 See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported reflects the weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.8350 to $1.8975, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, Franklin Street Properties Corp. or a shareholder of Franklin Street Properties Corp., full information regarding the number of shares purchased at each separate price.
F2 The shares are held directly by Erez REIT Opportunities LP ("Erez Opportunities"). Erez Asset Management LLC ("Erez Asset Management") is the investment manager of Erez Opportunities. The reporting person serves as Chairman, Chief Investment Officer and sole member of Erez Asset Management, and may be deemed to beneficially own the shares beneficially owned by Erez Opportunities and Erez Asset Management.
F3 The price reported reflects the weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.88 to $1.90, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, Franklin Street Properties Corp. or a shareholder of Franklin Street Properties Corp., full information regarding the number of shares purchased at each separate price.