1. Names
of Reporting Persons.
Franklin
Street Properties Corp.
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2. Check
the Appropriate Box if a Member of a Group (See
Instructions)
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(a) ☐
(b) ☐
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3. SEC
Use Only
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4. Citizenship
or Place of Organization
|
Maryland
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Number
of Shares
Beneficially
Owned
by
Each
Reporting
Person
With:
|
5. Sole
Voting Power
|
965.75
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|
6. Shared
Voting Power
|
-0-
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7. Sole
Dispositive Power
|
965.75
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||
8. Shared
Dispositive Power
|
-0-
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||
9. Aggregate
Amount Beneficially Owned by Each Reporting Person
|
965.75
|
||
10. Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
|
☐
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||
11. Percent
of Class Represented by Amount in Row (9)
|
43.7%
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||
12. Type
of Reporting Person (See Instructions)
|
CO
|
Item
1(a)
|
Name of
Issuer:
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FSP
303 East Wacker Drive Corp.
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Item
1(b)
|
Address of Issuer’s
Principal Executive Offices:
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401
Edgewater Place, Suite 200
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Wakefield
, MA 01880-6210
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Item
2(a)
|
Name of Person
Filing:
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||
Franklin
Street Properties Corp. (“FSP”)
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Item
2(b)
|
Address of Principal
Business Office or, if None, Residence:
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||
The
address of the reporting person is:
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401
Edgewater Place, Suite 200
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|||
Wakefield
, MA 01880-6210
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Item
2(c)
|
Citizenship:
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||
Maryland
corporation.
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Item
2(d)
|
Title of Class of
Securities:
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||
This
Schedule 13G report relates to the Preferred Stock, par value $0.01 per
share (“Preferred Stock”), of FSP 303 East Wacker Drive Corp.
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Item
2(e)
|
CUSIP
Number:
|
||
None.
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Item
3
|
If this statement is
filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the
person filing is a:
|
||
Not
applicable.
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Item
4
|
Ownership:
|
||
(a)
|
Amount Beneficially
Owned:
|
||
FSP
is the record holder of 965.75 shares of Preferred Stock.
|
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(b)
|
Percent of
Class:
|
||
FSP
|
43.7%
|
The
ownership percentage above is based on an aggregate of 2,210 shares of
Preferred Stock outstanding, as reported in the Issuer’s Quarterly Report
on Form 10-Q for the quarter ended September 30, 2008.
|
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(c)
|
Number of Shares as to
which the Person has:
|
||
NUMBER
OF SHARES
|
|||||
Reporting
Person
|
(i)
|
(ii)
|
(iii)
|
(iv)
|
|
FSP
|
965.75
|
0
|
965.75
|
0
|
________________________________________
(i) Sole
power to vote or direct the vote
(ii) Shared
power to vote or to direct the vote
(iii) Sole
power to dispose or to direct the disposition of
(iv) Shared
power to dispose or to direct the disposition of
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Item
5
|
Ownership of Five
Percent or Less of a Class:
|
|
If
this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following [
].
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Item
6
|
Ownership of More than
Five Percent on Behalf of Another Person:
|
|
Not
applicable.
|
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Item
7
|
Identification and
Classification of the Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding Company or Control
Person:
|
|
Not
applicable.
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Item
8
|
Identification and
Classification of Members of the Group:
|
|
Not
applicable.
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Item
9
|
Notice of Dissolution
of Group:
|
|
Not
applicable.
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Item
10
|
Certification:
|
|
Not
applicable.
|