Robert L. Denton - Mar 23, 2023 Form 4 Insider Report for CORPORATE OFFICE PROPERTIES TRUST (OFC)

Role
Director
Signature
/s/ David L. Finch, by Power of Attorney
Stock symbol
OFC
Transactions as of
Mar 23, 2023
Transactions value $
$0
Form type
4
Date filed
3/23/2023, 04:35 PM
Previous filing
Mar 8, 2023
Next filing
May 2, 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 Common Units-COPLP Conversion of derivative security $0 -2K -0.96% $0.00 207K Mar 23, 2023 Common Shares 2K $23.64 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person redeemed 2,000 common units of limited partnership interest ("Common Units") of Corporate Office Properties, L.P., of which the issuer is the general partner. Common Units are convertible into an equal number of the issuer's common shares of beneficial interest or, at the election of the issuer, cash equal to the fair market value of such shares. In the case of these 2,000Common Units, the issuer elected to pay cash upon the conversion of the reporting person's Common Units, based on the 10-day average closing price of the issuer's common shares on the New York Stock Exchange. Common Units have no expiration date.
F2 Common Units are convertible upon issuance.