MCGILLICUDDY DENNIS J 4
4 · FRANKLIN STREET PROPERTIES CORP /MA/ · Filed May 19, 2023
Insider Transaction Report
Form 4
MCGILLICUDDY DENNIS J
Director
Transactions
- Award
Common Stock
2023-05-18+27,777→ 67,064 total
Holdings
- 3,446,136(indirect: See Footnote)
Common Stock
- 14,091(indirect: See Footnote)
Common Stock
- 404,499(indirect: See Footnote)
Common Stock
- 8,946(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.62, the closing price of the Issuer's common stock on the grant date.
- [F2]Shares held by McGillicuddy Investments Limited Partnership III (the "Partnership"). Mr. McGillicuddy is a limited partner of the Partnership and does not have the power to vote these shares.
- [F3]Shares held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
- [F4]Shares held by various trusts for the reporting person's grandchildren, of which the reporting person's spouse is a trustee. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
- [F5]Shares held by McGillicuddy FLP Irrevocable Trust of 2003, the beneficiary of which is a limited partnership of which the reporting person is the general partner.