ROBERT L. DENTON - 23 Mar 2023 Form 4 Insider Report for CORPORATE OFFICE PROPERTIES TRUST (CDP)

Role
Director
Signature
/s/ David L. Finch, by Power of Attorney
Issuer symbol
CDP
Transactions as of
23 Mar 2023
Net transactions value
$0
Form type
4
Filing time
23 Mar 2023, 16:35:09 UTC
Previous filing
08 Mar 2023
Next filing
02 May 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OFC Common Units-COPLP Conversion of derivative security $0 -2,000 -0.96% $0.000000 206,764 23 Mar 2023 Common Shares 2,000 $23.64 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person redeemed 2,000 common units of limited partnership interest ("Common Units") of Corporate Office Properties, L.P., of which the issuer is the general partner. Common Units are convertible into an equal number of the issuer's common shares of beneficial interest or, at the election of the issuer, cash equal to the fair market value of such shares. In the case of these 2,000Common Units, the issuer elected to pay cash upon the conversion of the reporting person's Common Units, based on the 10-day average closing price of the issuer's common shares on the New York Stock Exchange. Common Units have no expiration date.
F2 Common Units are convertible upon issuance.