LANDIS ALAN B 4
4 · BOSTON PROPERTIES INC · Filed May 3, 2005
Insider Transaction Report
Form 4
LANDIS ALAN B
Director
Transactions
- Award
Dividend Equivalent Rights
2005-04-29+79.54→ 8,213.44 total→ Common Stock (79.54 underlying)
Footnotes (2)
- [F1]The rights convert to Common Stock on a 1-for-1 basis.
- [F2]Acquired as quarterly dividends on April 29, 2005. The rights were granted as a component of the Phantom Stock Units that were awarded under the Boston Properties, Inc. 1997 Stock Option and Incentive Plan to non-employee directors who elected to receive Phantom Stock Units in lieu of director compensation fees. The rights are to be settled in shares of Common Stock upon the Reporting Person's retirement from the Boston Properties Board of Directors.