Todd W. Hartman - 01 Mar 2023 Form 4 Insider Report for CORPORATE OFFICE PROPERTIES TRUST (CDP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Mar 2023, 12:18:46 UTC
Prior SEC filing
02 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David L. Finch, by Power of Attorney

Key filing fact

Todd W. Hartman filed Form 4 for CORPORATE OFFICE PROPERTIES TRUST (CDP) on 03 Mar 2023.

Key facts

  • This page summarizes Todd W. Hartman's Form 4 filing for CORPORATE OFFICE PROPERTIES TRUST (CDP).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 03 Mar 2023, 12:18.

Change

  • Previous filing in this sequence was filed on 02 Mar 2022.
  • 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.

OFC transaction Derivative

Profit Interest Units

Award

Transaction value
$0
Shares
+16,666
Change %
Price
$0.000000
Shares after
16,666
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common Shares
Underlying amount
16,666
Exercise price
Footnotes
F1, F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Todd W. Hartman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 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.

Footnote F3

The Profit Interest Units will vest in three equal installments over a three-year period.

Footnote F4

As reported in the Current Report on Form 8-K filed by Corporate Office Properties Trust on March 2, 2023, the reporting person resigned from the company effective March 2, 2023. At that time, all of the reporting person's outstanding, unvested performance-based or time-based equity grants (including the 16,666 Profit Interest Units granted on March 1, 2023) were terminated.

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