STEPHEN E. BUDORICK - 01 Mar 2022 Form 4/A - Amendment Insider Report for CORPORATE OFFICE PROPERTIES TRUST (CDP)

Role
EVP & COO
Signature
/s/ David L. Finch, by Power of Attorney
Issuer symbol
CDP
Transactions as of
01 Mar 2022
Net transactions value
+$48,419
Form type
4/A - Amendment
Filing time
31 Mar 2022, 17:14:22 UTC
Date Of Original Report
02 Mar 2022
Previous filing
03 Feb 2022
Next filing
01 Feb 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OFC Profit Interest Units Award $48,419 $286,784 01 Mar 2022 Common Shares $48,419 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Profit Interest Unit will convert automatically into one share of beneficial interest, designated as a unit (an "OP Unit"), in Corporate Office Properties, L.P. when such Profit Interest Unit becomes vested and upon equalization of its capital account balance. OP Units are redeemable for cash, or, at the option of Corporate Office Properties Trust, exchangeable for common shares of Corporate Office Properties Trust, currently on a one-for-one basis.
F2 Represents Profit Interest Units issued pursuant to the Corporate Office Properties Trust 2017 Omnibus Equity and Incentive Plan.
F3 The Profit Interest Units will vest in three equal installments over a three-year period.
F4 This form amends the report to update the amount of PIU's beneficially owned following the reported transaction.