Filing Details

Accession Number:
0001104659-24-128420
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-13 16:09:03
Reporting Period:
2024-12-11
Accepted Time:
2024-12-13 16:09:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1031316 Franklin Street Properties Corp FSP Real Estate Investment Trusts (6798) 042724223
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1522587 J Bruce Schanzer 401 Edgewater Place, Suite 200
Wakefield MA 01880
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-12-11 110,589 $1.87 3,405,463 No 4 P Indirect See footnote
Common Stock Acquisiton 2024-12-12 40,600 $1.89 3,446,063 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote
No 4 P Indirect See footnote
Footnotes
  1. The price reported reflects the weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.8350 to $1.8975, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, Franklin Street Properties Corp. or a shareholder of Franklin Street Properties Corp., full information regarding the number of shares purchased at each separate price.
  2. The shares are held directly by Erez REIT Opportunities LP ("Erez Opportunities"). Erez Asset Management LLC ("Erez Asset Management") is the investment manager of Erez Opportunities. The reporting person serves as Chairman, Chief Investment Officer and sole member of Erez Asset Management, and may be deemed to beneficially own the shares beneficially owned by Erez Opportunities and Erez Asset Management.
  3. The price reported reflects the weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.88 to $1.90, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, Franklin Street Properties Corp. or a shareholder of Franklin Street Properties Corp., full information regarding the number of shares purchased at each separate price.