BOSTON PROPERTIES LTD PARTNERSHIP 4
4 · BOSTON PROPERTIES LTD PARTNERSHIP · Filed May 29, 2009
Insider Transaction Report
Form 4
ISEMAN FREDERICK J
Director
Transactions
- Award
LTIP Units
2009-05-27$0.25/sh+1,419$355→ 2,071 total→ Common OP Units (1,419 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.
- [F2]The 1,419 LTIP Units vest over two years with (1) 50% vesting on the earlier of (i) May 27, 2010 and (ii) the date of Boston Properties, Inc.'s 2010 annual meeting of stockholders and (2) 50% vesting on the earlier of (i) May 27, 2011 and (ii) the date of Boston Properties, Inc.'s 2011 annual meeting of stockholders.