LANDIS ALAN B 4
4 · BOSTON PROPERTIES INC · Filed Nov 3, 2003
Insider Transaction Report
Form 4
LANDIS ALAN B
Director
Transactions
- Award
Dividend Equivalent Rights
2003-10-31+86.46→ 6,159.34 total→ Common Stock (86.46 underlying)
Footnotes (1)
- [F1]Acquired as quarterly dividends on October 31, 2003. 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 Mr. Lanids' retirement from the Boston Properties Board of Directors.