SEC Form 4 · accession 0000790816-15-000095
BRANDYWINE REALTY TRUST · BDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter Dalessio
Director
Period of report
May 28, 2015
Accepted (ET)
May 29, 2015 · 6:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000790816
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial InterestF1 | May 28, 2015 | A | 4,858 | $0.00 | A | 58,486 | D | |
| Common Shares of Beneficial InterestF2 | May 28, 2015 | A | 1,388 | $14.41 | A | 59,874 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares reflect the $70,000 annual Trustee share award the number of shares of which is calculated based upon a closing price on 05/28/2015 of $14.41. Shares will vest ratably over three years: 1/3 on May 28, 2016; 1/3 on May 28, 2017 and 1/3 on May 28, 2018.
- F2These shares reflect the Reporting Person's election to receive $20,000 of his $45,000 annual Board retainer fee in shares in lieu of cash. The number of shares received was calculated based upon the closing price on 05/28/2015 of $14.41.