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BRANDYWINE REALTY TRUST Director's Dealing 2014

Mar 4, 2014

32479_dirs_2014-03-04_4c08c6f4-dd84-41d1-aa55-6505141d1fb3.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: 2014-03-01

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-03-01 Common Shares of Beneficial Interest M 17543 $14.65 Acquired 438738 Direct
2014-03-01 Common Shares of Beneficial Interest F 5422 $14.65 Disposed 433316 Direct

Footnotes

F1: Reflects the delivery of common shares under the reporting person's 2011-2013 Restricted Performance Share Unit Award.

F2: This filing also reports in the ending balance of shares owned the sum of 1,094.57 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 1,094.57 shares were acquired on December 10, 2013 at a transaction price of $11.42 per share.

F3: Reflects common shares withheld to satisfy payroll taxes due upon delivery of common shares under the reporting person's 2011-2013 Restricted Performance Share Unit Award.