SEC Form 4 · accession 0001209191-19-007535
BRANDYWINE REALTY TRUST · BDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerard H Sweeney
Officer — President and CEO · Director
Period of report
Feb 1, 2019
Accepted (ET)
Feb 5, 2019 · 7:25 pm EST
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,F2,F3 | Feb 1, 2019 | M | 89,097 | $14.96 | A | 1,253,256 | D | |
| Common Shares of Beneficial InterestF4 | Feb 1, 2019 | F | 33,398 | $14.96 | D | 1,219,858 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the delivery of common shares under the reporting person's 2016-2018 Restricted Performance Share Unit Award.
- F2This filing also reports in the ending balance of shares owned, 1,868 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, 888 shares were acquired on September 10, 2018 at a transaction price of $14.08 per share and 980 shares were acquired on December 6, 2018 at a transaction price of $12.75 per share. The ESPP provides for the purchase of fractional shares. The numbers reported herein are rounded to the nearest whole number.
- F3This filing also reports in the ending balance 2,356.38 additional common shares acquired under the Company's Dividend Reinvestment Plan (DRIP). Under the DRIP, 688.80 shares were acquired on July 24, 2018 at a transaction price of $16.33 per share, 789.86 shares were acquired on October 22, 2018 at a transaction price of $14.60 and 877.73 shares were acquired on January 24, 2019 at a transaction price of $14.25 per share.
- F4Reflects common shares withheld to satisfy payroll taxes due upon delivery of common shares under the reporting person's 2016-2018 Restricted Performance Share Unit Award.