4//SEC Filing
SILVERSTEIN BARRY 4
Accession 0001420506-09-000040
CIK 0001031316other
Filed
May 5, 8:00 PM ET
Accepted
May 6, 5:54 PM ET
Size
21.8 KB
Accession
0001420506-09-000040
Insider Transaction Report
Form 4
SILVERSTEIN BARRY
Director
Transactions
- Sale
Common Stock
2009-05-04$13.28/sh−200,000$2,656,000→ 4,129,304 total(indirect: See footnote) - Sale
Common Stock
2009-05-05$13.25/sh−50,000$662,500→ 4,079,304 total(indirect: See footnote) - Sale
Common Stock
2009-05-06$13.37/sh−150,100$2,006,837→ 3,929,204 total(indirect: See footnote)
Holdings
- 712,311(indirect: See footnote)
Common Stock
- 27,070(indirect: See footnote)
Common Stock
- 3,000(indirect: See footnote)
Common Stock
- 531,437.5(indirect: See footnote)
Common Stock
- 5,700(indirect: See footnote)
Common Stock
- 472,856(indirect: See footnote)
Common Stock
- 75,299(indirect: See footnote)
Common Stock
- 34,740(indirect: See footnote)
Common Stock
- 31,000(indirect: See footnote)
Common Stock
- 22,000(indirect: See footnote)
Common Stock
Footnotes (14)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.20 to $13.35, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F10]Shares held by MSTB Family Limited Partnership. Mr. Silverstein is a general partner of MSTB Family Limited Partnership and has sole dispositive and sole voting power of these shares. 99% of the shares beneficially owned by this partnership are attributable to three trusts for the benefit of Mr. Silverstein's children. Mr. Silverstein disclaims beneficial ownership of the shares attributable to the trusts for these children, 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 any other purpose.
- [F11]Shares held by Silverstein Investments Limited Partnership. Mr. Silverstein is the sole limited partner of Silverstein Investments Limited Partnership and has shared dispositive power and no voting power over these shares.
- [F12]Shares held by JMB Family Limited Partnership. Mr. Silverstein is a general partner of JMB Family Limited Partnership and has sole dispositive and sole voting power of these shares.
- [F13]Shares held by Silverstein Family Limited Partnership 2002, Ltd. Mr. Silverstein is a general partner of the Silverstein Family Limited Partnership 2002, Ltd. and has sole dispositive and sole voting power of these shares. 99% of the shares beneficially owned by this partnership are attributable to a trust for the benefit of the brother of Mr. Silverstein's spouse. Mr. Silverstein disclaims beneficial ownership of the shares attributable to this trust, 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 any other purpose.
- [F14]Shares held by Mr. Silverstein's spouse. Mr. Silverstein disclaims beneficial ownership of the shares beneficially owned by his spouse, 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.
- [F2]Shares held by Silverstein Investments Limited Partnership III. Mr. Silverstein is the sole limited partner of Silverstein Investments Limited Partnership III and has shared dispositive power and no voting power over these shares.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.25 to $13.26, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.35 to $13.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F5]Shares held by MSTB Family Limited Partnership 2003 Irrevocable Trust. Mr. Silverstein is the trustee of the MSTB Family Limited Partnership 2003 Irrevocable Trust and has sole dispositive and sole voting power of these shares. 99% of the shares beneficially owned by this trust are attributable to three trusts for the benefit of Mr. Silverstein's children. Mr. Silverstein disclaims beneficial ownership of the shares attributable to the trusts for these children, 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 any other purpose.
- [F6]Shares held by Silverstein Investments Limited Partnership II attributable to a trust for the benefit of two of Mr. Silverstein's children. Mr. Silverstein disclaims beneficial ownership of the shares attributable to these children, 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 any other purpose.
- [F7]Shares held by JMB Family Limited Partnership Irrevocable Trust of 2003. Mr. Silverstein is the trustee of JMB Family Limited Partnership Irrevocable Trust of 2003 and has sole dispositive and sole voting power of these shares.
- [F8]Shares held by Silverstein Family Limited Partnership 2002, Ltd. Irrevocable Trust of 2003. Mr. Silverstein is the trustee of the trust beneficially owned by Silverstein Family Limited Partnership 2002, Ltd. Irrevocable Trust of 2003 and has sole dispositive and sole voting power of these shares. 99% of the shares beneficially owned by this trust are attributable to a trust for the benefit of the brother of Mr. Silverstein's spouse. Mr. Silverstein disclaims beneficial ownership of the shares attributable to this trust, 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 any other purpose.
- [F9]Shares held by a trust beneficially owned by Mr. Silverstein's spouse. Mr. Silverstein disclaims beneficial ownership of the shares beneficially owned by his spouse, 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.
Documents
Issuer
FRANKLIN STREET PROPERTIES CORP /MA/
CIK 0001031316
Entity typeother
Related Parties
1- filerCIK 0001240924
Filing Metadata
- Form type
- 4
- Filed
- May 5, 8:00 PM ET
- Accepted
- May 6, 5:54 PM ET
- Size
- 21.8 KB