4//SEC Filing
LABELLE MICHAEL E 4
Accession 0001246991-24-000120
CIK 0001043121other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 12:56 PM ET
Size
6.3 KB
Accession
0001246991-24-000120
Insider Transaction Report
Form 4
LABELLE MICHAEL E
SVP and CFO of GP
Transactions
- Award
LTIP Units
2024-02-02$0.25/sh+9,813$2,453→ 195,520 total→ Common OP Units (9,813 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 9,813 LTIP Units vest in four equal annual installments beginning on January 15, 2025.
Documents
Issuer
BOSTON PROPERTIES LTD PARTNERSHIP
CIK 0001043121
Entity typeother
Related Parties
1- filerCIK 0001419045
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 12:56 PM ET
- Size
- 6.3 KB