BRANDYWINE REALTY TRUST — Director's Dealing 2012

May 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRANDYWINE REALTY TRUST (BDN)
CIK: 0000790816
Period of Report: 2012-05-14

Reporting Person: DEVUONO H JEFFREY (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-14	Common Shares of Beneficial Interest	M	13776	$2.91	Acquired	115376	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-14	Employee Stock Option (Right to Buy)	$2.91	M	13776	Disposed	2019-04-01	Common Shares (13776.0)	Direct