4//SEC Filing
FRENKEL JACOB A 4
Accession 0001246991-18-000109
CIK 0001043121other
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 1:02 PM ET
Size
6.1 KB
Accession
0001246991-18-000109
Insider Transaction Report
Form 4
FRENKEL JACOB A
Director
Transactions
- Award
LTIP Units
2018-05-31$0.25/sh+1,047$262→ 7,479 total→ Common OP Units (1,047 underlying)
Footnotes (2)
- [F1]Issued pursuant to Boston Properties, Inc.'s ("BPI"), the Issuer's general partner, equity based incentive 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 unit of limited partnership interest in the Issuer ("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 BPI may, at its election, acquire each Common OP Unit so presented for redemption for one share of common stock of BPI. LTIP Units have no expiration date.
- [F2]The 1,047 LTIP Units will vest on the earlier of (i) May 31, 2019 and (ii) the date of Boston Properties, Inc.'s 2019 annual meeting of stockholders.
Documents
Issuer
BOSTON PROPERTIES LTD PARTNERSHIP
CIK 0001043121
Entity typeother
Related Parties
1- filerCIK 0001237418
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 1:02 PM ET
- Size
- 6.1 KB