4//SEC Filing
BUDORICK STEPHEN E 4
Accession 0001415889-24-006783
CIK 0000860546other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 5:20 PM ET
Size
6.5 KB
Accession
0001415889-24-006783
Insider Transaction Report
Form 4
BUDORICK STEPHEN E
EVP & COO
Transactions
- Award
Profit Interest Units
2024-03-01+66,482→ 667,935 total→ Common Shares (66,482 underlying)
Footnotes (3)
- [F1]Each Profit Interest Unit will convert automatically into one share of beneficial interest, designated as a unit (an "OP Unit"), in COPT Defense Properties, L.P. when such Profit Interest Unit becomes vested and upon equalization of its capital account balance. OP Units are redeemable for cash, or, at the option of COPT Defense Properties, exchangeable for common shares of COPT Defense Properties, currently on a one-for-one basis.
- [F2]Represents Profit Interest Units issued pursuant to the COPT Defense Properties 2017 Omnibus Equity and Incentive Plan.
- [F3]The Profit Interest Units will vest in three equal installments over a three-year period.
Documents
Issuer
COPT DEFENSE PROPERTIES
CIK 0000860546
Entity typeother
Related Parties
1- filerCIK 0001169452
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 5:20 PM ET
- Size
- 6.5 KB