Dennis J. Mcgillicuddy - Mar 6, 2023 Form 4 Insider Report for FRANKLIN STREET PROPERTIES CORP /MA/ (FSP)

Role
Director
Signature
/s/ Dennis J. McGillicuddy
Stock symbol
FSP
Transactions as of
Mar 6, 2023
Transactions value $
$436,500
Form type
4
Date filed
3/8/2023, 03:16 PM
Previous filing
Aug 9, 2022
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSP Common Stock Purchase $56.3K +25K +0.77% $2.25 3.27M Mar 6, 2023 See footnote F1
transaction FSP Common Stock Purchase $327K +150K +4.59% $2.18 3.42M Mar 7, 2023 See footnote F1, F2
transaction FSP Common Stock Purchase $53.3K +25K +0.73% $2.13 3.45M Mar 8, 2023 See footnote F3, F4
holding FSP Common Stock 39.3K Mar 6, 2023 Direct
holding FSP Common Stock 14.1K Mar 6, 2023 See footnote F4
holding FSP Common Stock 8.95K Mar 6, 2023 See footnote F5
holding FSP Common Stock 404K Mar 6, 2023 See footnote F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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 $2.13 to $2.25, 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.
F3 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 $2.12 to $2.14 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.
F4 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.
F5 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.
F6 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.