4//SEC Filing
SELSAM ROBERT E 4
Accession 0001246991-13-000065
CIK 0001043121other
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 4:06 PM ET
Size
6.1 KB
Accession
0001246991-13-000065
Insider Transaction Report
Form 4
SELSAM ROBERT E
Senior Vice President of GP
Transactions
- Award
LTIP Units
2013-02-01$0.25/sh+4,888$1,222→ 32,365 total→ Common OP Units (4,888 underlying)
Footnotes (2)
- [F1]Issued as long term incentive compensation pursuant to Boston Properties, Inc.'s (BPI), 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 OP Unit. Each Common OP Unit acquired upon conversion of an LTIP Unit may be redeemed, at the election of the holder, for cash equal to the then fair market value of a share of common stock of BPI except that BPI may, at its election, acquire each Common OP Unit so presented for redemption for one share of common stock of BPI. LTIP Units have no expiration date.
- [F2]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 LTD PARTNERSHIP
CIK 0001043121
Entity typeother
Related Parties
1- filerCIK 0001217110
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 4:06 PM ET
- Size
- 6.1 KB