TOM WIRTH - 31 Jan 2024 Form 4 Insider Report for BRANDYWINE REALTY TRUST (BDN)

Signature
/s/ Thomas E. Wirth
Issuer symbol
BDN
Transactions as of
31 Jan 2024
Net transactions value
+$45,658
Form type
4
Filing time
02 Feb 2024, 16:21:50 UTC
Previous filing
19 Apr 2023
Next filing
28 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDN Common Shares of Beneficial Interest Tax liability $25,345 -5,347 -1.4% $4.74 363,452 31 Jan 2024 Direct F1
transaction BDN Common Shares of Beneficial Interest Options Exercise $149,574 +33,994 +9.4% $4.40 397,446 01 Feb 2024 Direct F2
transaction BDN Common Shares of Beneficial Interest Tax liability $78,571 -17,857 -4.5% $4.40 379,589 01 Feb 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects common shares withheld to satisfy payroll taxes due with respect to a scheduled distribution from the Company's deferred compensation plan.
F2 Reflects the delivery of common shares under the reporting person's 2021-2023 Restricted Performance Share Unit Award.
F3 Reflects common shares withheld to satisfy payroll taxes due upon delivery of common shares under the reporting person's 2021-2023 Restricted Performance Share Unit Award.