SEC Form 4 · accession 0001209191-19-010647
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 13, 2019
Accepted (ET)
Feb 15, 2019 · 4:41 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 Interest | Feb 13, 2019 | M | 140,000 | $2.91 | A | 1,359,858 | D | |
| Common Shares of Beneficial InterestF1 | Feb 13, 2019 | S | 140,000 | $15.8093 | D | 1,219,858 | D | |
| Common Shares of Beneficial Interest | Feb 14, 2019 | M | 50,000 | $2.91 | A | 1,269,858 | D | |
| Common Shares of Beneficial InterestF2 | Feb 14, 2019 | S | 50,000 | $15.8274 | D | 1,219,858 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $2.91 | Feb 13, 2019 | M | 140,000 | D | Apr 1, 2010 | Apr 1, 2019 | Common Shares of Beneficial Interest | 140,000 | 134,973 | D |
| Stock Option (Right to Buy) | $2.91 | Feb 14, 2019 | M | 50,000 | D | Apr 1, 2010 | Apr 1, 2019 | Common Shares of Beneficial Interest | 50,000 | 84,973 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.7900 to $15.8900, inclusive. The reporting person undertakes to provide to Brandywine Realty Trust, any security holder of Brandywine Realty Trust, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote(1) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.7800 to $15.8750, inclusive. The reporting person undertakes to provide to Brandywine Realty Trust, any security holder of Brandywine Realty Trust, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote(2) to this Form 4.