MORRISSEY MARY BETH (SVP & Chief Accounting Officer) exercised options at LIBERTY PROPERTY TRUST

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

MORRISSEY MARY BETH

Filed: 12/26/2019ACC: 0001209191-19-061871

InsiderMORRISSEY MARY BETHCIK 1676152

→

IssuerLIBERTY PROPERTY TRUSTCIK 921112

Officer· SVP & Chief Accounting Officer

Since Sep 2018

0.00

Net shares

Net seller

$480.7K

Total acquired

Open market trades

0B · 0S

Total transactions

13.43K acquired · 13.43K disposed

Non-Derivative Transactions4

Common Shares of Beneficial Interest ($0.001 par value)

Direct

M · Option Exercise

+321.00

Price / share

$32.71

Trade value

$10.50K

% of position

0.6%

12/23/2019

50.56K→50.88K

Common Shares of Beneficial Interest ($0.001 par value)

Direct

M · Option Exercise

+4.07K

Price / share

$34.56

Trade value

$140.59K

% of position

8.0%

12/23/2019

50.88K→54.95K

Common Shares of Beneficial Interest ($0.001 par value)

Direct

M · Option Exercise

+5.61K

Price / share

$37.26

Trade value

$209.10K

% of position

10.2%

12/23/2019

54.95K→60.56K

Common Shares of Beneficial Interest ($0.001 par value)

Direct

M · Option Exercise

+3.43K

Price / share

$35.18

Trade value

$120.53K

% of position

5.7%

12/23/2019

60.56K→63.99K

Total

Net shares

+13.43K

Net value

$480.72K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares of Beneficial Interest ($0.001 par value) Direct	12/23/2019	M · Option Exercise	+321.00	$32.71	$10.50K	0.6%	50.56K	50.88K
Common Shares of Beneficial Interest ($0.001 par value) Direct	12/23/2019	M · Option Exercise	+4.07K	$34.56	$140.59K	8.0%	50.88K	54.95K
Common Shares of Beneficial Interest ($0.001 par value) Direct	12/23/2019	M · Option Exercise	+5.61K	$37.26	$209.10K	10.2%	54.95K	60.56K
Common Shares of Beneficial Interest ($0.001 par value) Direct	12/23/2019	M · Option Exercise	+3.43K	$35.18	$120.53K	5.7%	60.56K	63.99K
Total			+13.43K		$480.72K

Derivative Transactions4

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

321.00 shares

−321.00

Strike price

32.71

Held after

0.00

Exercisable

—

12/23/2019

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

4.07K shares

−4.07K

Strike price

34.56

Held after

1.02K

Exercisable

—

12/23/2019

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

5.61K shares

−5.61K

Strike price

37.26

Held after

1.49K

Exercisable

—

12/23/2019

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

3.43K shares

−3.43K

Strike price

35.18

Held after

3.55K

Exercisable

—

12/23/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (right to buy) Direct	Common Shares321.00 shares	12/23/2019	M · Option Exercise	−321.00	32.71	—	0.00
Employee Stock Option (right to buy) Direct	Common Shares4.07K shares	12/23/2019	M · Option Exercise	−4.07K	34.56	—	1.02K
Employee Stock Option (right to buy) Direct	Common Shares5.61K shares	12/23/2019	M · Option Exercise	−5.61K	37.26	—	1.49K
Employee Stock Option (right to buy) Direct	Common Shares3.43K shares	12/23/2019	M · Option Exercise	−3.43K	35.18	—	3.55K