Raymond Lee Owens - 20 May 2025 Form 4 Insider Report for COPT DEFENSE PROPERTIES (CDP)

Role
Director
Signature
/s/ David L. Finch by Power of Attorney
Issuer symbol
CDP
Transactions as of
20 May 2025
Net transactions value
$0
Form type
4
Filing time
22 May 2025, 15:57:15 UTC
Previous filing
13 May 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Owens Raymond Lee Director 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA /s/ David L. Finch by Power of Attorney 22 May 2025 0001397459

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 CDP Profit Interest Units Award +3,922 +24% 20,200 20 May 2025 Common Shares 3,922 Direct F1, F2, F3, F4
* 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 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 Trust, exchangeable for common shares of COPT Defense Properties, currently on a one-for-one basis.
F2 The Profit Interest Units will vest on the first anniversary of the grant date, provided that the reporting person remains a trustee on such date.
F3 The Profit Interest Units do not expire once vested.
F4 Issued as compensation for service on the Board of Trustees