|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| |||||||||||||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Units of Limited Partnership Interest | $ 0 | 01/05/2006 | D | 262,733 | (4) | 12/31/2050 | Common Shares | 262,733 | (4) | 0 | D | ||||
Units of Limited Partnership Interst | $ 0 | 01/05/2006 | D | 333,387 | (5) | 12/31/2050 | Common Shares | 333,387 | (5) | 0 | I | By Trust |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PRENTISS MICHAEL V 3890 W. NORTHWEST HIGHWAY SUITE 400 DALLAS, TX 75220 |
X | Chairman of the Board |
Gregory S. Imhoff (POA on File0 Michael V. Prentiss | 01/09/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | These shares were held in a deferred compensation account and will be exchanged at the option exercise ratio for 221,469 shares of BDN having a market value of $6,411,528 on the date of the merger. |
(2) | These shares were held directly and will be exchanged for the merger consideration of $21.50 per share and 1,023,760 shares of BDN having a market value of $29,637,852 on the date of the merger. In addition, Mr. Prentiss reports the disposition of 47,136 shares held in the Company's KEYSOP deferred compensation plan, the shares of which Mr. Prentiss was not entitled to vote. |
(3) | These shares were held indirectly (410,968 by trusts and 22,225 held by a foundation) and will be exchanged for the merger consideration of $21.50 per share and 298,903 shares of BDN having a market value of $8,653,242 on the date of the merger. |
(4) | These redeemable units of limited partnership interest of Prentiss Properties Acquistion Partners, L.P. which were convertible on a one for one basis into common shares of Prentiss Properties Trust, were converted in the merger into 362,545 Class A Units of Brandywine Operating Partnership, L.P. which are each convertible into 1 common share of Brandywine Realty Trust. |
(5) | These redeemable units of limited partnership interest of Prentiss Properties Acquistion Partners, L.P. held in Prentiss Credit Shelter Trust which were convertible on a one for one basis into common shares of Prentiss Properties Trust, were converted in the merger into 460,041 Class A Units of Brandywine Operating Partnership, L.P., which are each convertible into 1 common share of Brandywine Realty Trust. |