DANIEL A. PALAZZO - 31 Jan 2022 Form 4 Insider Report for BRANDYWINE REALTY TRUST (BDN)

Signature
/s/ Shawn Neuman, as Attorney-In-Fact for Daniel A. Palazzo
Issuer symbol
BDN
Transactions as of
31 Jan 2022
Net transactions value
+$122,852
Form type
4
Filing time
02 Feb 2022, 15:17:06 UTC
Next filing
04 Mar 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 $5,658 -440 -0.63% $12.86 69,584 31 Jan 2022 Direct F1
transaction BDN Common Shares of Beneficial Interest Options Exercise $141,792 +10,857 +16% $13.06 80,441 01 Feb 2022 Direct F2
transaction BDN Common Shares of Beneficial Interest Tax liability $13,282 -1,017 -1.3% $13.06 79,424 01 Feb 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.