Dennis J. McGillicuddy - 08 Aug 2022 Form 4 Insider Report for FRANKLIN STREET PROPERTIES CORP /MA/ (FSP)

Role
Director
Signature
/s/ Dennis J. McGillicuddy
Issuer symbol
FSP
Transactions as of
08 Aug 2022
Net transactions value
+$340,200
Form type
4
Filing time
09 Aug 2022, 16:31:05 UTC
Previous filing
18 May 2022
Next filing
08 Mar 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 Purchase $340,200 +100,000 +3.2% $3.40 3,246,136 08 Aug 2022 See footnote F1, F2
holding FSP Common Stock 39,287 08 Aug 2022 Direct
holding FSP Common Stock 14,091 08 Aug 2022 See footnote F3
holding FSP Common Stock 8,946 08 Aug 2022 See footnote F4
holding FSP Common Stock 404,499 08 Aug 2022 See footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased on a single day in multiple transactions at prices ranging from $3.38 to $3.42, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
F2 Shares held by McGillicuddy Investments Limited Partnership III (the "Partnership"). Mr. McGillicuddy is a limited partner of the Partnership and does not have the power to vote these shares.
F3 Shares held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
F4 Shares held by various trusts for the reporting person's grandchildren, of which the reporting person's spouse is a trustee. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
F5 Shares held by McGillicuddy FLP Irrevocable Trust of 2003, the beneficiary of which is a limited partnership of which the reporting person is the general partner.