4//SEC Filing
BioMed Realty L P 4
Accession 0001209191-15-034377
CIK 0001301932operating
Filed
Apr 14, 8:00 PM ET
Accepted
Apr 15, 5:33 PM ET
Size
13.3 KB
Accession
0001209191-15-034377
Insider Transaction Report
Form 4
Gold Alan D
DirectorChairman and CEO
Transactions
- Exercise/Conversion
Limited Partnership Units
2015-04-15+7,250→ 935,348 total - Conversion
Limited Partnership Units
2015-04-15−7,250→ 928,098 total - Exercise/Conversion
LTIP Units
2015-04-15−7,250→ 65,450 total→ Limited Partnership Units (7,250 underlying)
Holdings
- 56,822(indirect: By Trust)
Limited Partnership Units
- 17,144(indirect: By SciMed Prop III, Inc.)
Limited Partnership Units
- 161,894(indirect: By SunMar Investments, Inc.)
Limited Partnership Units
- 56,822(indirect: By Trust)
Limited Partnership Units
Footnotes (6)
- [F1]The reporting person redeemed 7,250 LTIP Units of BioMed Realty, L.P. (the "Operating Partnership"), which achieved fully parity with common units of the Operating Partnership and which BioMed Realty Trust, Inc. (the "Company") elected to redeem in shares of common stock of the Company. These LTIP Units achieved full parity with common units of the Operating Partnership, which may be redeemed for cash in an amount equal to the then fair value of an equal number of shares of common stock or converted into an equal number of shares of common stock, as determined by the Company.
- [F2]The LTIP units are subject to time-based restrictions. Upon the occurrence of certain "triggering events," the LTIP Units can over time achieve full parity with common units of the Operating Partnership for all purposes, and therefore accrete to an economic value equivalent to one share of common stock of the Company on a one-for-one basis. If such parity is reached, vested LTIP units convert to common units of the Operating Partnership and then may be redeemed for cash in an amount equal to the then fair value of an equal number of shares of common stock or converted into an equal number of shares of common stock, as determined by the Company.
- [F3]An irrevocable trust of which a family member of the reporting person is a trustee and of which one of the reporting person's adult children is the sole beneficiary.
- [F4]Profits interest units of the Operating Partnership. The LTIP Units are subject to time-based restrictions.
- [F5]The LTIP Units do not have an expiration date.
- [F6]The LTIP Units were granted on January 30, 2008 pursuant to the 2004 Incentive Award Plan of the Company and the Operating Partnership.
Documents
Issuer
BioMed Realty L P
CIK 0001301932
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001301932
Filing Metadata
- Form type
- 4
- Filed
- Apr 14, 8:00 PM ET
- Accepted
- Apr 15, 5:33 PM ET
- Size
- 13.3 KB