BOSTON PROPERTIES INC 4
4 · BOSTON PROPERTIES INC · Filed Feb 1, 2007
Insider Transaction Report
Form 4
SALOMON RICHARD E
Director
Transactions
- Award
Dividend Equivalent Rights
2007-01-30$123.80/sh+544.76$67,441→ 11,637.04 total→ Common Stock (544.76 underlying)
Footnotes (2)
- [F1]The rights convert into Common Stock on a 1-for-1 basis.
- [F2]Acquired as quarterly dividends on January 30, 2007. 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.