NORVILLE E MITCHELL 4
4 · BOSTON PROPERTIES LTD PARTNERSHIP · Filed Feb 4, 2009
Insider Transaction Report
Form 4
NORVILLE E MITCHELL
EVP, COO of GP
Transactions
- Award
LTIP Units
2009-02-02$0.25/sh+41,666$10,417→ 98,174 total→ Common OP Units (41,666 underlying)
Footnotes (2)
- [F1]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 unit of limited partnership interest in the Issuer.
- [F2]The 41,666 LTIP Units vest in four equal annual installments beginning on January 15, 2010.