BRANDYWINE REALTY TRUST — Director's Dealing 2013

Oct 7, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRANDYWINE REALTY TRUST (BDN)
CIK: 0000790816
Period of Report: 2013-10-04

Reporting Person: SIPZNER HOWARD (Executive Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-10-04	Common Shares of Beneficial Interest	M	6500	$11.89	Acquired	420100	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-10-04	Employee Stock Option (Right to Buy)	$11.89	M	6500	Disposed	2021-03-02	Common Shares of Beneficial Interest (6500.0)	Direct

Footnotes

F1: This filing also reports in the ending balance of shares owned the sum of 1,081.31 additional common shares acquired under the Company's Employee Share Purchase Plan (ESPP). The ESPP shares were purchased following the Reporting Person's last Section 16 filing. Under the ESPP 1,081.31 shares were acquired on September 9, 2013 at a transaction price of $11.56 per share.