# EDGAR Filing Document

**Accession Number:** 0002043653
**File Stem:** 0000902664-25-002932
**Filing Date:** 2025-7
**Character Count:** 10851
**Document Hash:** b4ff5391e67fa0472a935027af699cf3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000902664-25-002932.hdr.sgml**: 20250708

**ACCESSION NUMBER**: 0000902664-25-002932

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250708

**DATE AS OF CHANGE**: 20250708

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN STREET PROPERTIES CORP /MA/
- **CENTRAL INDEX KEY:** 0001031316
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 042724223
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-79072
- **FILM NUMBER:** 251111155

**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
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Converium Capital Inc.
- **CENTRAL INDEX KEY:** 0002043653

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1250 RENE-LEVESQUE OUEST
- **STREET 2:** SUITE 4030
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H3B 4W8
- **BUSINESS PHONE:** (514) 418-0201

**MAIL ADDRESS:**
- **STREET 1:** 1250 RENE-LEVESQUE OUEST
- **STREET 2:** SUITE 4030
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H3B 4W8

## Ex-99

**<u>ANNEX B</u>**

**Transactions in the Shares of Common Stock of the Issuer by the Reporting Persons During the Past Sixty (60) Days**

The following tables sets forth all transactions in the shares of Common Stock reported herein effected during the past sixty (60) days by the Reporting Persons. Except as noted below, all such transactions were effected by the Reporting Persons in the open market through brokers and the price per share excludes commissions. Where a price range is provided in the column titled "Price Range ($)", the price reported in the column titled "Price Per Share ($)" is a weighted average price. These shares of Common Stock were sold or purchased in multiple transactions at prices between the price ranges indicated in the column titled "Price Range ($)". All prices are denominated in U.S. dollars. The Reporting Persons will undertake to provide to the staff of the SEC, upon request, full information regarding the shares of Common Stock sold or purchased at each separate price.

**Converium:** 

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Trade Date** | &nbsp;&nbsp;**Shares Purchased (Sold)** | &nbsp;&nbsp;**Price Per Share ($)** | &nbsp;&nbsp;**Price Range ($)** |
| &nbsp;&nbsp;May 14, 2025 | &nbsp;&nbsp; 198739 | &nbsp;&nbsp;1.87 | &nbsp;&nbsp;1.74 - 1.89 |
| &nbsp;&nbsp;May 16, 2025 | &nbsp;&nbsp;31054 | &nbsp;&nbsp;1.75 |  |
| &nbsp;&nbsp;May 19, 2025 | &nbsp;&nbsp;14439 | &nbsp;&nbsp;1.75 |  |
| &nbsp;&nbsp;May 20, 2025 | &nbsp;&nbsp;4282 | &nbsp;&nbsp;1.75 |  |
| &nbsp;&nbsp;May 21, 2025 | &nbsp;&nbsp;2124 | &nbsp;&nbsp;1.75 |  |
| &nbsp;&nbsp;May 30, 2025 | &nbsp;&nbsp;63599 | &nbsp;&nbsp;1.80 |  |
| &nbsp;&nbsp;June 4, 2025 | &nbsp;&nbsp;23824 | &nbsp;&nbsp;1.76 |  |
| &nbsp;&nbsp;June 5, 2025 | &nbsp;&nbsp;74436 | &nbsp;&nbsp;1.76 |  |
| &nbsp;&nbsp;June 27, 2025 | &nbsp;&nbsp;3128 | &nbsp;&nbsp;1.66 |  |
| &nbsp;&nbsp;June 30, 2025 | &nbsp;&nbsp;246872 | &nbsp;&nbsp;1.70 |  |
| &nbsp;&nbsp;July 2, 2025 | &nbsp;&nbsp;43716 | &nbsp;&nbsp;1.74 |  |
| &nbsp;&nbsp;July 3, 2025 | &nbsp;&nbsp;67815 | &nbsp;&nbsp;1.79 |  |
| &nbsp;&nbsp;July 7, 2025 | &nbsp;&nbsp;252000 | &nbsp;&nbsp;1.75 | &nbsp;&nbsp;1.70 - 1.75 |

---

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

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**FRANKLIN STREET PROPERTIES CORP /MA/**

*(Name of Issuer)*

**Common Stock, par value $0.0001 per share**

*(Title of Class of Securities)*

**35471R106**

*(CUSIP Number)*

**Converium Capital Inc.**<br>1250, boul. Rene-Levesque Ouest<br>Suite 4030<br>Montreal A8 H3B 4W8<br>1 (514) 418-0201

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**07/07/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **35471R106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Converium Capital Inc.** | Name of reporting person<br>**Converium Capital Inc.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**ISRAEL** | Citizenship or place of organization<br>**ISRAEL** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**6506414.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**6506414.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**6506414.00** | Aggregate amount beneficially owned by each reporting person<br>**6506414.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**6.3%** | Percent of class represented by amount in Row (11)<br>**6.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

| **CUSIP No.** | **35471R106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Aaron Stern** | Name of reporting person<br>**Aaron Stern** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**ISRAEL** | Citizenship or place of organization<br>**ISRAEL** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**6506414.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**6506414.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**6506414.00** | Aggregate amount beneficially owned by each reporting person<br>**6506414.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**6.3%** | Percent of class represented by amount in Row (11)<br>**6.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, par value $0.0001 per share

**(b) Name of Issuer:**
FRANKLIN STREET PROPERTIES CORP /MA/

**(c) Address of Issuer's Principal Executive Offices:**
401 EDGEWATER PLACE, STE 200, WAKEFIELD, MA, 01880

The following constitutes Amendment No. 1 to the Schedule 13D ("Amendment No. 1").  This Amendment No. 1 amends and restates Items 3 and 5(a)-(c) as set forth below. Capitalized terms used herein and not otherwise defined in this Amendment No. 1 have the meanings set forth in the Schedule 13D.

**Item 5. Interest in Securities of the Issuer**

**(a)**
See rows (11) and (13) of the cover pages to this Schedule 13D for the aggregate number of shares of Common Stock and percentage of shares of Common Stock beneficially owned by the Reporting Persons. The aggregate percentage of shares of Common Stock reported beneficially owned by the Reporting Persons is based upon 103,566,715 shares of Common Stock outstanding as of April 24, 2025, as disclosed in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025, filed with the Securities and Exchange Commission (the "SEC") on April 29, 2025.

**(b)**
See rows (7) through (10) of the cover pages to this Schedule 13D for the shares of Common Stock as to which the Reporting Persons have the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition.

**(c)**
The transactions in the shares of Common Stock effected by the Reporting Persons during the past sixty (60) days, which were all in the open market, are set forth on Annex B attached hereto and incorporated by reference herein.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Converium Capital Inc.

**Signature:** /s/ Michael Rapps

**Name/Title:** Michael Rapps, Managing Partner

**Date:** 07/08/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Aaron Stern

**Signature:** /s/ Aaron Stern

**Name/Title:** Aaron Stern, individually

**Date:** 07/08/2025