# EDGAR Filing Document

**Accession Number:** 0001031316
**File Stem:** 0001395404-23-000002
**Filing Date:** 2023-3
**Character Count:** 7211
**Document Hash:** 006db78873fe0ef29d2e25937a1bc81f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001395404-23-000002.hdr.sgml**: 20230303

**ACCESSION NUMBER**: 0001395404-23-000002

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230301

**FILED AS OF DATE**: 20230303

**DATE AS OF CHANGE**: 20230303

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** HANSEN BRIAN N
- **CENTRAL INDEX KEY:** 0001442053

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-32470
- **FILM NUMBER:** 23703065

**MAIL ADDRESS:**
- **STREET 1:** CONFLUENCE INVESTMENT MANAGEMENT LLC
- **STREET 2:** 20 ALLEN AVENUE, SUITE 300
- **CITY:** ST. LOUIS
- **STATE:** MO
- **ZIP:** 63119
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN STREET PROPERTIES CORP /MA/
- **CENTRAL INDEX KEY:** 0001031316
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **IRS NUMBER:** 042724223
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 401 EDGEWATER PLACE
- **STREET 2:** STE 200
- **CITY:** WAKEFIELD
- **STATE:** MA
- **ZIP:** 01880
- **BUSINESS PHONE:** 7815571300

**MAIL ADDRESS:**
- **STREET 1:** 401 EDGEWATER PLACE
- **STREET 2:** STE 200
- **CITY:** WAKEFIELD
- **STATE:** MA
- **ZIP:** 01880

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN STREET PARTNERS LP
- **DATE OF NAME CHANGE:** 20010301

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>HANSEN BRIAN N<br><sub>(Last) (First) (Middle)</sub><br>401 EDGEWATER PLACE, SUITE 200<br><sub>(Street)</sub><br>WAKEFIELD, MA 01880<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>FRANKLIN STREET PROPERTIES CORP /MA/ [ FSP ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-03-01 |  | P |  | 50000 | A | 2.3613<sup>(1)</sup> | 668066 | I | By Trust |
| Common Stock | 2023-03-02 |  | P |  | 9097 | A | 2.3457<sup>(2)</sup> | 677163 | I | By Trust |
| Common Stock | 2023-03-03 |  | P |  | 40903 | A | 2.3815<sup>(3)</sup> | 718066 | I | By Trust |
| Common Stock |  |  |  |  |  |  |  | 40000 | I | By 401(k) Plan |
| Common Stock |  |  |  |  |  |  |  | 39287 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) The transaction was executed in multiple trades from $2.3499 to $2.3700. The price reported above reflects the weighted average purchase price. 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 and prices at which the transaction was effected.

(2) The transaction was executed in multiple trades from $2.3400 to $2.3500. The price reported above reflects the weighted average purchase price. 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 and prices at which the transaction was effected.

(3) The transaction was executed in multiple trades from $2.3750 to $2.3994. The price reported above reflects the weighted average purchase price. 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 and prices at which the transaction was effected.

**Signature:** Brian N. Hansen  
**Date:** 2023-03-03

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**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 Number.**