Daniel A. Palazzo - Jan 31, 2023 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, 2023
Transactions value $
$36,997
Form type
4
Date filed
2/2/2023, 05:04 PM
Previous filing
Apr 19, 2022
Next filing
Feb 21, 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 -$2.72K -415 -0.49% $6.56 84.3K Jan 31, 2023 Direct F1
transaction BDN Common Shares of Beneficial Interest Options Exercise $44K +6.81K +8.08% $6.47 91.1K Feb 1, 2023 Direct F2
transaction BDN Common Shares of Beneficial Interest Tax liability -$4.33K -669 -0.73% $6.47 90.4K Feb 1, 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.