Daniel A. Palazzo - Jan 31, 2022 Form 4 Insider Report for BRANDYWINE REALTY TRUST (BDN)

Signature
/s/ Shawn Neuman, as Attorney-In-Fact for Daniel A. Palazzo
Stock symbol
BDN
Transactions as of
Jan 31, 2022
Transactions value $
$122,852
Form type
4
Date filed
2/2/2022, 03:17 PM
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDN Common Shares of Beneficial Interest Tax liability -$5.66K -440 -0.63% $12.86 69.6K Jan 31, 2022 Direct F1
transaction BDN Common Shares of Beneficial Interest Options Exercise $142K +10.9K +15.6% $13.06 80.4K Feb 1, 2022 Direct F2
transaction BDN Common Shares of Beneficial Interest Tax liability -$13.3K -1.02K -1.26% $13.06 79.4K Feb 1, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects common shares withheld to satisfy payroll taxes due with respect to a scheduled distribution from the Company's deferred compensation plan.
F2 Reflects the delivery of common shares under the reporting person's 2019-2021 Restricted Performance Share Unit Award.
F3 Reflects common shares withheld to satisfy payroll taxes due upon delivery of common shares under the reporting person's 2019-2021 Restricted Performance Share Unit Award.