POWERS JOHN FRANCIS 4
4 · BOSTON PROPERTIES INC · Filed Apr 5, 2021
Insider Transaction Report
Form 4
POWERS JOHN FRANCIS
Senior Vice President
Transactions
- Other
Depositary Shares of Series B Preferred Stock
2021-04-01$25.00/sh−7,272$181,800→ 0 total
Holdings
- 607.834
Common Stock, par value $0.01
- 2,685(indirect: By Trust)
Common Stock, par value $0.01
Footnotes (3)
- [F1]Complete Title of Security: Depositary Shares Each Representing 1/100th of a Share of 5.25% Series B Cumulative Redeemable Preferred Stock, par value $.01 per share (the "Series B Preferred Stock").
- [F2]On April 1, 2021 (the "Redemption Date"), the Issuer redeemed all outstanding shares of its Series B Preferred Stock and the corresponding Depositary Shares, including the Depositary Shares owned by the Reporting Person. The Depositary Shares were redeemed at a redemption price of $25.00 per share, plus all accrued and unpaid dividends per share up to, but excluding, the Redemption Date, which equals approximately $25.1641 per share.
- [F3]Includes 26.875347 shares which the Reporting Person acquired in May, August and November 2020 and February 2021 pursuant to the Boston Properties, Inc. Dividend Reinvestment and Stock Purchase Plan.