Home/Filings/4/0001246991-22-000178
4//SEC Filing

Einiger Carol B. 4

Accession 0001246991-22-000178

CIK 0001043121other

Filed

May 30, 8:00 PM ET

Accepted

May 31, 4:31 PM ET

Size

6.3 KB

Accession

0001246991-22-000178

Insider Transaction Report

Form 4
Period: 2022-05-26
Transactions
  • Award

    LTIP Units

    2022-05-26$0.25/sh+1,504$37611,758 total
    Common OP Units (1,504 underlying)
Footnotes (2)
  • [F1]Represents units of limited partnership interest in the Issuer issued pursuant to Boston Properties, Inc.'s ("BXP"), the Issuer's general partner, equity based incentive programs ("LTIP Units"). 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 Issuer or 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 presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of BXP's common stock, except that BXP may, at its election, acquire each Common OP Unit so presented for one share of BXP's common stock. LTIP Units have no expiration date.
  • [F2]The 1,504 LTIP Units will vest on the earlier of (i) May 26, 2023 and (ii) the date of BXP's 2023 annual meeting of stockholders.

Issuer

BOSTON PROPERTIES LTD PARTNERSHIP

CIK 0001043121

Entity typeother

Related Parties

1
  • filerCIK 0001289668

Filing Metadata

Form type
4
Filed
May 30, 8:00 PM ET
Accepted
May 31, 4:31 PM ET
Size
6.3 KB