LANDIS MITCHELL S 4
4 · BOSTON PROPERTIES LTD PARTNERSHIP · Filed Feb 1, 2011
Insider Transaction Report
Form 4
LANDIS MITCHELL S
Senior Vice President of GP
Transactions
- Award
LTIP Units
2011-01-28$0.25/sh+1,914$479→ 21,396 total→ Common OP Units (1,914 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 1,914 LTIP Units vest in four equal annual installments beginning on January 15, 2012.