4//SEC Filing
McDevitt Matthew G 4
Accession 0001209191-13-003036
CIK 0001301932other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 5:44 PM ET
Size
10.2 KB
Accession
0001209191-13-003036
Insider Transaction Report
Form 4
McDevitt Matthew G
Executive VP, Real Estate
Transactions
- Conversion
Limited Partnership Units
2013-01-14−6,346→ 0 total - Exercise/Conversion
Limited Partnership Units
2013-01-14+6,346→ 6,346 total - Exercise/Conversion
LTIP Units
2013-01-14−6,346→ 70,000 total→ Limited Partnership Units (6,346 underlying)
Footnotes (5)
- [F1]The reporting person redeemed 6,346 LTIP Units of BioMed Realty, L.P. (the "Operating Partnership"), which achieved fully parity with common units of the Operating Partnership and which BioMed Realty Trust, Inc. (the "Company") elected to redeem in shares of common stock of the Company. These LTIP Units achieved full parity with common units of the Operating Partnership, which may be redeemed for cash in an amount equal to the then fair value of an equal number of shares of common stock or converted into an equal number of shares of common stock, as determined by the Company.
- [F2]The LTIP units are subject to time-based restrictions. Upon the occurrence of certain "triggering events," the LTIP Units can over time achieve full parity with common units of the Operating Partnership for all purposes, and therefore accrete to an economic value equivalent to one share of common stock of the Company on a one-for-one basis. If such parity is reached, vested LTIP units convert to common units of the Operating Partnership and then may be redeemed for cash in an amount equal to the then fair value of an equal number of shares of common stock or converted into an equal number of shares of common stock, as determined by the Company.
- [F3]Profits interest units of the Operating Partnership. The LTIP Units are subject to time-based restrictions.
- [F4]The LTIP Units do not have an expiration date.
- [F5]The LTIP Units were granted on January 30, 2008 pursuant to the 2004 Incentive Award Plan of the Company and the Operating Partnership
Documents
Issuer
BioMed Realty L P
CIK 0001301932
Entity typeother
Related Parties
1- filerCIK 0001298780
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 5:44 PM ET
- Size
- 10.2 KB