Anthony Mifsud - Feb 1, 2023 Form 4 Insider Report for CORPORATE OFFICE PROPERTIES TRUST (OFC)

Signature
/s/ David L. Finch, by Power of Attorney
Stock symbol
OFC
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/1/2023, 02:14 PM
Previous filing
Mar 2, 2022
Next filing
Mar 3, 2023

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 $0 +35.6K +39.01% $0.00 127K Feb 1, 2023 Common Shares 35.6K Direct F1, F2
* 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 it's 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.