Quick Takeaways
- This page summarizes Stephen E. Budorick's Form 4 filing for CORPORATE OFFICE PROPERTIES TRUST (CDP).
- 1 reported transaction and 1 derivative row are listed below.
- Filing timestamp: 03 Mar 2023, 12:23.
Stephen E. Budorick - 01 Mar 2023 Form 4 Insider Report for CORPORATE OFFICE PROPERTIES TRUST (CDP)
- Role
- PRESIDENT /CEO
- Signature
- /s/ David L. Finch, by Power of Attorney
- Issuer symbol
- CDP
- Transactions as of
- 01 Mar 2023
- Net transactions value
- $0
- Form type
- 4
- Filing time
- 03 Mar 2023, 12:23:54 UTC
- Previous filing
- 01 Feb 2023
- Next filing
- 05 Feb 2024
- SEC
- View on sec.gov
Quoteable Key Fact
"Stephen E. Budorick filed Form 4 for CORPORATE OFFICE PROPERTIES TRUST (CDP) on 03 Mar 2023."
What Changed
- Previous filing in this sequence was filed on 01 Feb 2023.
- Current net transaction value: $0.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
OFC
transaction
Derivative
Profit Interest Units
Award
- Transaction value
- $0
- Shares
- +54,238
- Change %
- +14%
- Price
- $0.000000
- Shares after
- 446,568
- Date
- 01 Mar 2023
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 54,238
- Exercise price
- Footnotes
- F1, F2, F3
* 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. |