SEC Form 4 · accession 0001209191-19-012635
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 20, 2019
Accepted (ET)
Feb 22, 2019 · 4:48 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 20, 2019 | M | 84,973 | $2.91 | A | 1,304,831 | D | |
| Common Shares of Beneficial InterestF1 | Feb 20, 2019 | S | 84,973 | $15.9012 | 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 20, 2019 | M | 84,973 | D | Apr 1, 2010 | Apr 1, 2019 | Common Shares of Beneficial Interest | 84,973 | 0 | 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 $15.8500 to $15.9700, 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.