4//SEC Filing
FLASHMAN ARTHUR 4
Accession 0001246991-11-000202
CIK 0001043121other
Filed
Aug 14, 8:00 PM ET
Accepted
Aug 15, 10:43 AM ET
Size
7.7 KB
Accession
0001246991-11-000202
Insider Transaction Report
Form 4
FLASHMAN ARTHUR
Vice President - Cntlr of GP
Transactions
- Exercise/Conversion
Common OP Units
2011-08-14+3,266→ 3,266 total - Exercise/Conversion
LTIP Units
2011-08-14$0.25/sh−3,266$817→ 3,806 total→ Common Stock (3,266 underlying)
Footnotes (2)
- [F1]3,266 of the Reporting Person's LTIP Units were converted into common units of limited partnership interest (Common OP Units) in the Issuer by the Reporting Person.
- [F2]Issued as long term incentive compensation pursuant to Boston Properties, Inc.'s (BPI), the Issuer's general partner, equity based compensatory programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a Common OP Unit. Each Common OP Unit acquired upon conversion of an LTIP Unit may be redeemed, at the election of the holder, for cash equal to the then fair market value of a share of common stock of BPI except that the Issuer may, at its election as directed by BPLP, acquire each Common OP Unit so presented for redemption for one share of common stock of BPI.
Documents
Issuer
BOSTON PROPERTIES LTD PARTNERSHIP
CIK 0001043121
Entity typeother
Related Parties
1- filerCIK 0001217095
Filing Metadata
- Form type
- 4
- Filed
- Aug 14, 8:00 PM ET
- Accepted
- Aug 15, 10:43 AM ET
- Size
- 7.7 KB