UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------------- FORM 8-K ---------------- CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 5, 2002 CORPORATE OFFICE PROPERTIES TRUST --------------------------------- (Exact name of registrant as specified in its charter) MARYLAND 0-20047 23-2947217 -------- ------- ---------- (State or other jurisdiction of (Commission (IRS Employer incorporation) File Number) Identification Number) 8815 CENTRE PARK DRIVE, SUITE 400 COLUMBIA, MARYLAND 21045 ---------------------------- (Address of principal executive offices) (410) 730-9092 -------------- (Registrant's telephone number, including area code) ITEM 5. OTHER EVENTS As we have previously disclosed in several filings with the Securities and Exchange Commission, Constellation Real Estate, Inc. ("Constellation") sold 8,876,172 of our Common Shares of beneficial interest (the "Common Shares") in a public offering on March 5, 2002. As a result, Constellation, which had been our largest shareholder, is no longer a shareholder. There has been no change in our executive officers or our Board of Trustees and we do not anticipate that our operations will be affected as a result of the sale. Two members of our Board of Trustees, Thomas F. Brady and Steven D. Kesler, were previously nominated by Constellation pursuant to its rights as a holder of the one outstanding Series A Convertible Preferred Share of beneficial interest (the "Series A Preferred Share"). As a result of the conversion of the Series A Preferred Share into a Common Share in connection with the offering, these rights terminated, although Messrs. Brady and Kesler are expected to continue to serve until the end of their respective terms, which both expire in 2003. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: April 4, 2002 CORPORATE OFFICE PROPERTIES TRUST By: /s/ RANDALL M. GRIFFIN ---------------------- Name: Randall M. Griffin Title: President and Chief Operating Officer By: /s/ ROGER A. WAESCHE, JR. ------------------------- Name: Roger A. Waesche, Jr. Title: Chief Financial Officer 2