FSP · Franklin Street Properties Corp /Ma/

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $0.5601, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $0.5601, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $0.5601, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $0.5601, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.82, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.82, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.82, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.82, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.82, the closing price of the Issuer's common stock on the grant date.

The price reported reflects the weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.11 to $2.1199, 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.

The price reported reflects the weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.87 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.

The shares are held directly be 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.

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.

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.

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.

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.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.98, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.98, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.98, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.98, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.98, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.98, the closing price of the Issuer's common stock on the grant date.

This transaction was executed in multiple trades from $2.2999 to $2.35. The price reported 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.

This transaction was executed in multiple trades from $2.07 to $2.11. The price reported 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.

This transaction was executed in multiple trades from $2.09 to $2.10. The price reported 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.

The transaction was executed in multiple trades from $1.79 to $1.80. The price reported 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.

The transaction was executed in multiple trades from $1.79 to $1.80. The price reported 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.

The transaction was executed in multiple trades from $1.78 to $1.80. 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.

The transaction was executed in multiple trades from $1.7950 to $1.80. 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.

This price is a weighted average. These shares were sold at prices ranging from $1.39 to $1.47. The reporting person undertakes to provide the Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within.

These shares are owned by Jonathan B. Odle, individually, or by Sentry Capital, L.L.C., which Jonathan B. Odle is the sole Member.

The transaction was executed in multiple trades from $1.40 to $1.44. 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.

The transaction was executed in multiple trades from $1.44 to $1.4895. 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.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.62, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.62, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.62, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.62, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.62, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.62, the closing price of the Issuer's common stock on the grant date.

The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $1.62, the closing price of the Issuer's common stock on the grant date.

The transaction was executed in multiple trades from $1.45 to $1.50. 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.

The transaction was executed in multiple trades from $2.05 to $2.11. 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.

The price reported in Column 4 is a weighted average price. These shares were purchased on a single day in multiple transactions at prices ranging from $2.12 to $2.14 inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

Shares held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.

The price reported in Column 4 is a weighted average price. These shares were purchased on a single day in multiple transactions at prices ranging from $2.13 to $2.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

Shares held by McGillicuddy Investments Limited Partnership III (the "Partnership"). Mr. McGillicuddy is a limited partner of the Partnership and does not have the power to vote these shares.

Shares held by McGillicuddy Investments Limited Partnership III (the "Partnership"). Mr. McGillicuddy is a limited partner of the Partnership and does not have the power to vote these shares.

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.

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.

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.

The transaction was executed in multiple trades from $2.60 to $2.64. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provided 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.

The transaction was executed in multiple trades from $2.625 to $2.65. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provided 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.

The transaction was executed in multiple trades from $2.725 to $2.76. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provided 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.

The transaction was executed in multiple trades from $2.74 to $2.75. 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.