Stephen E. Budorick - 01 Feb 2024 Form 4 Insider Report for COPT DEFENSE PROPERTIES (CDP)

Reporting relationship: PRESIDENT/CEO, Director
Issuer ticker: CDP
Reported as of: 01 Feb 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 Feb 2024, 13:27:13 UTC
Prior SEC filing: 03 Mar 2023
Next SEC filing: 05 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ David L. Finch, by Power of Attorney

Key filing fact

Stephen E. Budorick filed Form 4 for COPT DEFENSE PROPERTIES (CDP) on 05 Feb 2024.

Key facts

This page summarizes Stephen E. Budorick's Form 4 filing for COPT DEFENSE PROPERTIES (CDP).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 05 Feb 2024, 13:27.

Change

Previous filing in this sequence was filed on 03 Mar 2023.
Current net transaction value: $0.

Research use

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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CDP transaction Derivative

Profit Interest Units

Award

Transaction value: $0
Shares: +154,885
Change %: +35%
Price: $0.000000
Shares after: 601,453
Date: 01 Feb 2024
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 154,885
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote F2

Represents Profit Interest Units issued pursuant to the Corporate Office Properties Trust 2017 Omnibus Equity and Incentive Plan.