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BRANDYWINE REALTY TRUST — Director's Dealing 2020
Mar 9, 2020
32479_dirs_2020-03-09_15f6e562-5322-4aef-a507-7bcacd977025.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: 2020-03-05
Reporting Person: SWEENEY GERARD H (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-05 | Common Shares of Beneficial Interest | A | 72469 | $0.00 | Acquired | 1432260 | Direct |
| 2020-03-05 | Common Shares of Beneficial Interest | F | 1703 | $14.66 | Disposed | 1430557 | Direct |
Footnotes
F1: Reflects the grant of a restricted share rights award which is scheduled to vest in three equal installments on each of April 15, 2021, April 15, 2022 and April 15, 2023.
F2: This filing also reports in the ending balance of shares owned, 944.8209 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 944.8209 shares were acquired on March 4, 2020 at a transaction price of $13.23 per share. The ESPP provides for the purchase of fractional shares. The numbers reported herein are rounded to the nearest whole number.
F3: Shares withheld to satisfy payroll taxes for grant of equity awards.