TOM WIRTH - 31 Jan 2023 Form 4 Insider Report for BRANDYWINE REALTY TRUST (BDN)

Signature
/s/ Thomas E. Wirth
Issuer symbol
BDN
Transactions as of
31 Jan 2023
Net transactions value
+$169,141
Form type
4
Filing time
02 Feb 2023, 17:48:05 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 $11,159 -1,701 -0.59% $6.56 287,641 31 Jan 2023 Direct F1
transaction BDN Common Shares of Beneficial Interest Options Exercise $228,436 +35,307 +12% $6.47 322,948 01 Feb 2023 Direct F2
transaction BDN Common Shares of Beneficial Interest Tax liability $48,137 -7,440 -2.3% $6.47 315,508 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.