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BRANDYWINE REALTY TRUST — Director's Dealing 2014
Jun 2, 2014
32479_dirs_2014-06-02_6e7618be-057e-4265-b5d5-23e68957bec1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BRANDYWINE REALTY TRUST (BDN)
CIK: 0000790816
Period of Report: 2014-05-29
Reporting Person: Joyce Michael (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-05-29 | Common Shares of Beneficial Interest | A | 4614 | — | Acquired | 48953 | Direct |
Footnotes
F1: These shares reflect the $70,000 annual Trustee share award the number of shares of which is calculated based upon a closing price on 05/29/2014 of $15.17. Shares will vest ratably over three years: 1/3 on May 29, 2015; 1/3 on May 29, 2016 and 1/3 on May 29, 2017.
F2: This filing also reports in the ending balance of shares owned the sum of 176.138 additional common shares acquired under the Company's Dividend Reinvestment Plan (DRIP). The DRIP shares were purchased following the Reporting Person's last Section 16 filing. Under the DRIP 78.405 shares were acquired on January 21, 2014, 77.113 shares were acquired on October 18, 2013 and 20.620 shares were acquired on July 19, 2013.