4//SEC Filing
SELSAM ROBERT E 4
Accession 0001246991-13-000056
CIK 0001037540other
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 4:01 PM ET
Size
8.5 KB
Accession
0001246991-13-000056
Insider Transaction Report
Form 4
SELSAM ROBERT E
Senior Vice President
Transactions
- Award
Employee Stock Option (right to buy)
2013-02-01+9,572→ 9,572 totalExercise: $105.10From: 2013-02-01Exp: 2023-02-01→ Common Stock (9,572 underlying) - Award
LTIP Units
2013-02-01$0.25/sh+4,888$1,222→ 32,365 total→ Common Stock (4,888 underlying)
Footnotes (3)
- [F1]The options are fully vested upon grant as a result of the Reporting Person's attainment of age 65.
- [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 incentive 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, acquire each Common OP Unit so presented for one share of Common Stock. LTIP Units have no expiration date.
- [F3]The 4,888 LTIP Units are fully vested upon grant as a result of the Reporting Person's attainment of age 65.
Documents
Issuer
BOSTON PROPERTIES INC
CIK 0001037540
Entity typeother
Related Parties
1- filerCIK 0001217110
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 4:01 PM ET
- Size
- 8.5 KB