4//SEC Filing
KIPP MARY E 4
Accession 0001246991-23-000188
CIK 0001043121other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 9:48 AM ET
Size
6.2 KB
Accession
0001246991-23-000188
Insider Transaction Report
Form 4
KIPP MARY E
Director
Transactions
- Award
LTIP Units
2023-05-31$0.25/sh+3,390$848→ 4,894 total→ Common OP Units (3,390 underlying)
Footnotes (2)
- [F1]Represents units of limited partnership interest in the Issuer issued pursuant to Boston Properties, Inc.'s ("BXP"), the Issuer's general partner, equity based incentive programs ("LTIP Units"). 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 Issuer or the holder, into a common unit of limited partnership interest in the Issuer ("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 BXP's common stock, except that BXP may, at its election, acquire each Common OP Unit so presented for one share of BXP's common stock. LTIP Units have no expiration date.
- [F2]The 3,390 LTIP Units will vest on the earlier of (i) May 31, 2024 and (ii) the date of BXP's 2024 annual meeting of stockholders.
Documents
Issuer
BOSTON PROPERTIES LTD PARTNERSHIP
CIK 0001043121
Entity typeother
Related Parties
1- filerCIK 0001478538
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 9:48 AM ET
- Size
- 6.2 KB