4//SEC Filing
Mainardi Gabriel J 4
Accession 0001209191-11-015742
CIK 0000790816other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 9:52 PM ET
Size
11.8 KB
Accession
0001209191-11-015742
Insider Transaction Report
Form 4
Mainardi Gabriel J
Vice President-Treasurer
Transactions
- Award
Common Shares of Beneficial Interest
2011-03-02+2,585→ 16,580 total - Award
Stock Option (Right to Buy
2011-03-02+8,356→ 8,356 totalExercise: $11.89Exp: 2021-03-02→ Common Shares of Beneficial Interest (8,356 underlying) - Award
Performance Shares
2011-03-02+1,846→ 1,846 totalExercise: $0.00→ Common Shares of Beneficial Interest (1,846 underlying)
Footnotes (6)
- [F1]Reflects the grant of a restricted share award which cliff vests on April 15, 2014.
- [F2]This filing also reports in the ending balance of shares owned the sum of 425.43 additional common shares acquired under the Company's Employee Share Purchase Plan (ESPP) plus the sum of 179.73 common shares acquired under the Company's Dividend Reinvestment Plan (DRIP).The ESPP and the DRIP shares were purchased following the Reporting Person's last Section 16 filing. Under the ESPP 235.89 shares were acquired on June 7, 2010 at a transaction price of $10.45 per share, 98.41 shares were acquired on September 13, 2010 at a transaction price of $9.40 and 91.13 shares were acquired on December 7, 2010 at a transaction price of $10.15.
- [F3]Under the DRIP 37.76 shares were acquired on April 22, 2010 at a transaction price of $12.40 per share, 48.93 shares were acquired on July 23, 2010 at a transaction price of $10.41 per share, 43.34 shares were acquired on October 21, 2010 at a transaction price of $12.26 per share and 49.70 shares were acquired on January 25, 2011 at a transaction price of $11.10 per share. The ESPP and the DRIP provide for the purchase of fractional shares. The numbers reported herein are to the nearest whole number.
- [F4]Options received as employment compensation.
- [F5]The options vest in three equal annual installments beginning on March 2, 2012.
- [F6]Reflects the reporting person's receipt of an award under the Brandywine Realty Trust (BDN) 2011-2013 Restricted Performance Share Unit Program (the Program), a copy of which BDN is filing as an exhibit to a Current Report on Form 8-K. The award represents a contingent right to receive the number of BDN common shares reported in Table II (subject to increases or decreases as provided for in the Program) that may be issued to the reporting person under the Program if BDN's total return to shareholders during the measurement period established under the Program meets or exceeds specified targets and if the reporting person satisfies the vesting conditions applicable to his award. The number of BDN common shares, if any, that the reporting person would receive on account of his award will depend on the extent to which BDN meets or exceeds the performance targets, the payment of common share dividends and the reporting person's achievement of the vesting conditions applicable to his award.
Documents
Issuer
BRANDYWINE REALTY TRUST
CIK 0000790816
Entity typeother
Related Parties
1- filerCIK 0001453187
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 9:52 PM ET
- Size
- 11.8 KB