Terri A. Herubin - 18 May 2022 Form 4 Insider Report for BRANDYWINE REALTY TRUST (BDN)

Role: Director
Signature: /s/ Shawn Neuman, as Attorney-in-Fact for Terri A Herubin
Issuer symbol: BDN
Transactions as of: 18 May 2022
Net transactions value: $0
Form type: 4
Filing time: 19 May 2022, 18:05:47 UTC
Previous filing: 20 May 2021
Next filing: 26 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BDN	Common Shares of Beneficial Interest	Award	$0	+8,644	+28%	$0.000000	39,907	18 May 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares reflect the $95,000 Annual Trustee share award, the number of shares of which is calculated based upon a closing price on 05/18/2022 of $10.99. Shares vested immediately upon grant.
F2	This filing also reports in the ending balance 1,986.29 additional common shares acquired under the Company's Dividend Reinvestment Plan (DRIP). Under the DRIP, 320.14 shares were acquired on April 21, 2021 at a transaction price of $13.26 per share, 390.57 shares were acquired on July 21, 2021 at a transaction price of $14.40 per share, 409.96 shares were acquired on October 20, 2021 at a transaction price of $13.90 per share, 413.95 shares were acquired on January 19, 2022 at a transaction price of $13.95 per share and 451.67 shares were acquired on April 20, 2022 at a transaction price of $12.96 per share.

Content

These shares reflect the $95,000 Annual Trustee share award, the number of shares of which is calculated based upon a closing price on 05/18/2022 of $10.99. Shares vested immediately upon grant.

This filing also reports in the ending balance 1,986.29 additional common shares acquired under the Company's Dividend Reinvestment Plan (DRIP). Under the DRIP, 320.14 shares were acquired on April 21, 2021 at a transaction price of $13.26 per share, 390.57 shares were acquired on July 21, 2021 at a transaction price of $14.40 per share, 409.96 shares were acquired on October 20, 2021 at a transaction price of $13.90 per share, 413.95 shares were acquired on January 19, 2022 at a transaction price of $13.95 per share and 451.67 shares were acquired on April 20, 2022 at a transaction price of $12.96 per share.