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): July 30, 2004
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Franklin Street Properties Corp.
(formerly known as Franklin Street Partners Limited Partnership)
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(Exact Name of Registrant as Specified in its Charter)
Maryland
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(State or Other Jurisdiction of Incorporation)
000-32615 04-3578653
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(Commission File Number) (IRS Employer Identification No.)
401 Edgewater Place, Suite 200, Wakefield, MA 01880-6210
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(Address of Principal Executive Offices) (Zip Code)
(781) 557-1300
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events and Required FD Disclosure
On July 30, 2004 the Board of Directors of Franklin Street Properties
Corp. (the "Company") accepted the resignations of Barbara J. Corinha-Fournier
and Janet P. Notopoulos as the members of the Audit Committee of the Board and
elected Barry Silverstein and Dennis J. McGillicuddy to serve as members of the
Audit Committee. Following the resignations of Ms. Fournier and Ms. Notopoulos,
the Audit Committee is comprised of Mr. John Burke, who serves as Chairperson,
and Messrs. Silverstein and McGillicuddy.
The Company's Board of Directors also adopted a Code of Business Conduct
and Ethics which is filed as Exhibit 14.1 to this Current Report on Form 8-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Financial Statements of Businesses Acquired.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Exhibits.
14.1 Code of Business Conduct and Ethics.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: August 3, 2004 REGISTRANT
FRANKLIN STREET PROPERTIES CORP.
By: /s/ Barbara J. Fournier
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Barbara J. Fournier
Vice President, Chief Operating Officer
Treasurer and Secretary
EXHIBIT INDEX
Exhibit Number Description
14.1 Code of Business Conduct