BRANDYWINE REALTY TRUST — Director's Dealing 2013

Feb 27, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRANDYWINE REALTY TRUST (BDN)
CIK: 0000790816
Period of Report: 2013-02-25

Reporting Person: Mainardi Gabriel J (Vice President-Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-25	Common Shares of Beneficial Interest	A	2597	—	Acquired	27028	Direct

Footnotes

F1: Reflects the grant of a restricted share award which cliff vests on April 15, 2016.

F2: This filing also reports in the ending balance the sum of 453.14 additional common shares acquired under the Company's Employee Share Purchase Plan (ESPP) plus the sum of 246.98 common shares acquired under the Company's Dividend Reinvestment Plan (DRIP). The ESPP and the DRIP shares were purchased following the Reporting Person's last Section 16 filing. Under the ESPP 252.23 shares were acquired on June 7, 2012 at a transaction price of $9.69 per share, 101.59 shares were acquired on September 07, 2012 at a transaction price of $10.04 and 99.32 shares were acquired on December 7, 2012 at a transaction price of $10.27.

F3: Under the DRIP 60.92 shares were acquired on April 24, 2012 at a transaction price of $11.48 per share, 62.24 shares were acquired on July 24, 2012 at a transaction price of $11.99 per share, 61.76 shares were acquired on October 24, 2012 at a transaction price of $12.48 per share and 62.06 shares were acquired on January 24, 2013 at a transaction price of $12.81 per share. The ESPP and the DRIP provide for the purchase of fractional shares. The numbers reported herein are to the nearest number.