0001209191-11-015742.txt : 20110304 0001209191-11-015742.hdr.sgml : 20110304 20110304215249 ACCESSION NUMBER: 0001209191-11-015742 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110302 FILED AS OF DATE: 20110304 DATE AS OF CHANGE: 20110304 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mainardi Gabriel J CENTRAL INDEX KEY: 0001453187 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09106 FILM NUMBER: 11666516 MAIL ADDRESS: STREET 1: 555 E. LANCASTER AVENUE STREET 2: SUITE 100 CITY: RADNOR STATE: PA ZIP: 19087 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BRANDYWINE REALTY TRUST CENTRAL INDEX KEY: 0000790816 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 232413352 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 555 EAST LANCASTER AVE. STREET 2: SUITE 100 CITY: RADNOR STATE: PA ZIP: 19087 BUSINESS PHONE: 6103255600 MAIL ADDRESS: STREET 1: 555 EAST LANCASTER AVE. STREET 2: SUITE 100 CITY: RADNOR STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: LINPRO SPECIFIED PROPERTIES DATE OF NAME CHANGE: 19920703 4 1 doc4.xml FORM 4 SUBMISSION X0303 4 2011-03-02 0 0000790816 BRANDYWINE REALTY TRUST BDN 0001453187 Mainardi Gabriel J 555 EAST LANCASTER AVENUE SUITE 100 RADNOR PA 19087 0 1 0 0 Vice President-Treasurer Common Shares of Beneficial Interest 2011-03-02 4 A 0 2585 0.00 A 16580 D Stock Option (Right to Buy 11.89 2011-03-02 4 A 0 8356 0.00 A 2021-03-02 Common Shares of Beneficial Interest 8356 8356 D Performance Shares 0.00 2011-03-02 4 A 0 1846 0.00 A Common Shares of Beneficial Interest 1846 1846 D Reflects the grant of a restricted share award which cliff vests on April 15, 2014. 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. 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. Options received as employment compensation. The options vest in three equal annual installments beginning on March 2, 2012. 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. /s/ Brad A. Molotsky, as Attorney-In-Fact for Gabriel J. Mainardi 2011-03-04