4//SEC Filing
LANDIS MITCHELL S 4
Accession 0001246991-11-000056
CIK 0001037540other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 4:25 PM ET
Size
8.8 KB
Accession
0001246991-11-000056
Insider Transaction Report
Form 4
LANDIS MITCHELL S
Senior Vice President
Transactions
- Award
LTIP Units
2011-01-28$0.25/sh+1,914$479→ 21,396 total→ Common Stock (1,914 underlying) - Award
Employee Stock Option (right to buy)
2011-01-28+2,398→ 2,398 totalExercise: $92.71Exp: 2021-01-28→ Common Stock (2,398 underlying)
Footnotes (3)
- [F1]The option vests in four equal annual installments beginning on January 15, 2012.
- [F2]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 an 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.
- [F3]The 1,914 LTIP Units vest in four equal annual installments beginning on January 15, 2012.
Documents
Issuer
BOSTON PROPERTIES INC
CIK 0001037540
Entity typeother
Related Parties
1- filerCIK 0001217101
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 4:25 PM ET
- Size
- 8.8 KB