4//SEC Filing
BOSTON PROPERTIES LTD PARTNERSHIP 4
Accession 0001246991-03-000047
CIK 0001043121operating
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 11:26 AM ET
Size
16.7 KB
Accession
0001246991-03-000047
Insider Transaction Report
Form 4
LANDIS ALAN B
Director
Transactions
- Award
LTIP Units
2003-05-14$0.25/sh+426$107→ 426 total→ Common OP Units (426 underlying) - Conversion
Series One Preferred Units (liquidation preference $34.00)
2003-08-12$34.00/sh−13,776$468,384→ 0 total(indirect: By corporations)Exercise: $38.25→ Common OP Units (12,242 underlying) - Conversion
Common OP Units
2003-08-12+936,510→ 936,510 total(indirect: By Trust) - Conversion
Series One Preferred Units (liquidation preference $34.00)
2003-08-12$34.00/sh−278,962$9,484,708→ 0 totalExercise: $38.25→ Common OP Units (247,966 underlying) - Conversion
Common OP Units
2003-08-12+12,242→ 12,242 total(indirect: By corporations) - Conversion
Series One Preferred Units (liquidation preference $34.00)
2003-08-12$34.00/sh−1,053,575$35,821,550→ 0 total(indirect: By Trust)Exercise: $38.25→ Common OP Units (936,510 underlying) - Conversion
Common OP Units
2003-08-12+247,966→ 247,966 total - Conversion
Common OP Units
2003-08-12+106,571→ 106,571 total(indirect: By Partnership) - Conversion
Series One Preferred Units (liquidation preference $34.00)
2003-08-12$34.00/sh−119,893$4,076,362→ 0 total(indirect: By Partnership)Exercise: $38.25→ Common OP Units (106,571 underlying)
Footnotes (5)
- [F1]The Series One Preferred Units were redeemed by the Issuer and converted into Common OP Units.
- [F2]The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F3]Issued as long term incentive compensation pursuant to Boston Properties Inc.'s, the Issuer's general partner, equity based compensatory 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 OP Unit.
- [F4]LTIP Units vest in two equal annual installments beginning on the first anniversary of the date of grant.
- [F5]Each Series One Preferred Unit was convertible (i) at the election of the holder at any time and (ii) at the election of the Issuer on or after June 30, 2003, into approximately 0.88889 of a Common OP Unit.
Documents
Issuer
BOSTON PROPERTIES LTD PARTNERSHIP
CIK 0001043121
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001043121
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 11:26 AM ET
- Size
- 16.7 KB