Daniel A. Palazzo - 31 Jan 2023 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 2023
Net transactions value
+$36,997
Form type
4
Filing time
02 Feb 2023, 17:04:30 UTC
Previous filing
19 Apr 2022
Next filing
21 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDN Common Shares of Beneficial Interest Tax liability $2,722 -415 -0.49% $6.56 84,291 31 Jan 2023 Direct F1
transaction BDN Common Shares of Beneficial Interest Options Exercise $44,048 +6,808 +8.1% $6.47 91,099 01 Feb 2023 Direct F2
transaction BDN Common Shares of Beneficial Interest Tax liability $4,328 -669 -0.73% $6.47 90,430 01 Feb 2023 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 2020-2022 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 2020-2022 Restricted Performance Share Unit Award.