Form Type: 4

SEC EDGAR Link
Acccession Number:0001209191-19-061878
Date:2019-12-23
Issuer: LIBERTY PROPERTY TRUST (LPT)
Original Submission Date:

Reporting Person:

DELOACH THOMAS C JR
C/O LIBERTY PROPERTY TRUST
650 EAST SWEDESFORD ROAD, SUITE 400 WAYNE, PA 19087

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON SHARES OF BENEFICIAL INTEREST ($0.001 PAR VALUE) 2019-12-23 M 5,000 a $30.73 66,062 direct
COMMON SHARES OF BENEFICIAL INTEREST ($0.001 PAR VALUE) 2019-12-23 S 5,000 d $59.38 61,062 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 30.73 2019-12-23 deemed execution date M 5,000 (d) 2020-06-23 common shares 5,000 $30.73 0 direct
Footnotes
IDfootnote
f1 represents the weighted average of a range of sale prices per share from $59.34 to $59.49. the reporting person undertakes to provide to the staff of the securities and exchange commission, the company or any shareholder of the company, upon request, full information regarding the number of common shares sold at each separate price.
f2 options became exercisable 20% after the first anniversary of the date of the grant, 50% after the second anniversary and fully after the third anniversary.
f3 awarded as compensation for service on board of trustees.

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