4//SEC Filing
BOSTON PROPERTIES INC 4
Accession 0001246991-09-000051
$BXPCIK 0001037540operating
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 4:58 PM ET
Size
6.7 KB
Accession
0001246991-09-000051
Insider Transaction Report
Form 4
LINDE EDWARD H
DirectorCEO
Transactions
- Award
LTIP Units
2009-02-02$0.25/sh+73,630$18,408→ 229,002 total→ Common Stock (73,630 underlying)
Footnotes (2)
- [F1]Represents units of limited partnership interest in Boston Properties Limited Partnership (BPLP), of which the Issuer is the general partner, issued as long term incentive compensation pursuant to the Issuer's 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 unit of limited partnership interest in BPLP (Common OP Unit). Each Common OP Unit acquired upon conversion of a LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election as directed by BPLP, acquire each Common OP Unit so presented for one share of Common Stock.
- [F2]The 73,630 LTIP Units vest in four equal annual installments beginning on January 15, 2010.
Documents
Issuer
BOSTON PROPERTIES INC
CIK 0001037540
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001037540
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 4:58 PM ET
- Size
- 6.7 KB