Robert L. Denton - 13 Feb 2023 Form 4 Insider Report for CORPORATE OFFICE PROPERTIES TRUST (CDP)

Role
Director
Signature
/s/ David L. Finch, by Power of Attorney
Issuer symbol
CDP
Transactions as of
13 Feb 2023
Transactions value $
$0
Form type
4
Date filed
13 Feb 2023, 15:54
Previous filing
07 Nov 2022
Next filing
28 Feb 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CDP Common Units-COPLP Conversion of derivative security $0 -4K -1.81% $0.00 217K 13 Feb 2023 Common Shares 4K $27.07 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person redeemed 4,000 common units of limited partnership interest ("Common Units") of Corporate Office Properties, L.P., of which the issuer is the general partner. Common Units are convertible into an equal number of the issuer's common shares of beneficial interest or, at the election of the issuer, cash equal to the fair market value of such shares. In the case of these 4,000 Common Units, the issuer elected to pay cash upon the conversion of the reporting person's Common Units, based on the 10-day average closing price of the issuer's common shares on the New York Stock Exchange. Common Units have no expiration date.
F2 Common Units are convertible upon issuance.