ROBERT L. DENTON - 07 Mar 2025 Form 4 Insider Report for COPT DEFENSE PROPERTIES (CDP)

Role
Director
Signature
/s/ David L. Finch, Attorney-in-Fact
Issuer symbol
CDP
Transactions as of
07 Mar 2025
Net transactions value
$0
Form type
4
Filing time
10 Mar 2025, 10:36:18 UTC
Previous filing
18 Feb 2025
Next filing
19 May 2025
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-CDPLP Conversion of derivative security $0 -4,000 -2.5% $0.000000 158,264 07 Mar 2025 Common Shares 4,000 $26.89 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 COPT Defense 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.