4//SEC Filing
BOSTON PROPERTIES LTD PARTNERSHIP 4
Accession 0001246991-15-000016
CIK 0001043121operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 3:39 PM ET
Size
6.1 KB
Accession
0001246991-15-000016
Insider Transaction Report
Form 4
ZUCKERMAN MORTIMER B
DirectorChairman of the Board of GP
Transactions
- Award
LTIP Units
2015-01-01$0.25/sh+85,962$21,491→ 576,650 total→ Common OP Units (85,962 underlying)
Footnotes (2)
- [F1]Issued 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 85,962 LTIP Units were issued pursuant to Section 1(a) of the Transition Benefits Agreement, dated March 10, 2013, by and between BPI and the reporting person. Such LTIP Units were fully vested upon issuance.
Documents
Issuer
BOSTON PROPERTIES LTD PARTNERSHIP
CIK 0001043121
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001043121
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 3:39 PM ET
- Size
- 6.1 KB