Daniel A. Palazzo - 31 Jan 2024 Form 4 Insider Report for BRANDYWINE REALTY TRUST (BDN)

Signature
/s/ Shawn Neuman, as Attorney-In-Fact for Daniel A. Palazzo
Issuer symbol
BDN
Transactions as of
31 Jan 2024
Transactions value $
$19,701
Form type
4
Filing time
02 Feb 2024, 16:24:47 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 -$6.53K -1.38K -1.32% $4.74 103K 31 Jan 2024 Direct F1
transaction BDN Common Shares of Beneficial Interest Options Exercise $29K +6.58K +6.4% $4.40 109K 01 Feb 2024 Direct F2
transaction BDN Common Shares of Beneficial Interest Tax liability -$2.74K -622 -0.57% $4.40 109K 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.