Stephen E. Budorick - 29 Jan 2025 Form 4 Insider Report for COPT DEFENSE PROPERTIES (CDP)

Reporting relationship: PRESIDENT/CEO, Director
Issuer ticker: CDP
Reported as of: 29 Jan 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 31 Jan 2025, 15:04:23 UTC
Prior SEC filing: 08 Nov 2024
Next SEC filing: 04 Mar 2025
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 31 Jan 2025.

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: 31 Jan 2025, 15:04.

Change

Previous filing in this sequence was filed on 08 Nov 2024.
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: +154,097
Change %: +23%
Price: $0.000000
Shares after: 822,032
Date: 29 Jan 2025
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 154,097
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 COPT Defense 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 COPT Defense Properties, exchangeable for common shares of COPT Defense Properties, currently on a one-for-one basis.

Footnote F2

Represents Profit Interest Units issued pursuant to the COPT Defense Properties 2017 Omnibus Equity and Incentive Plan.