BRANDYWINE REALTY TRUST — Director's Dealing 2017

May 19, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRANDYWINE REALTY TRUST (BDN)
CIK: 0000790816
Period of Report: 2017-05-18

Reporting Person: NICHOLS ANTHONY A SR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-18	Common Shares of Beneficial Interest	A	4063	$0.00	Acquired	65237	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares of Beneficial Interest	21992	Indirect

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 05/18/2017 of $17.23. Shares will vest ratably over three years: 1/3 on May 18, 2018; 1/3 on May 18, 2019 and 1/3 on May 18, 2020.

F2: There was no transaction in shares held indirectly. The indirect shares are being shown solely for informational purposes only.