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4//SEC Filing

DIEHL RODNEY 4

Accession 0001246991-24-000155

CIK 0001043121other

Filed

Feb 7, 7:00 PM ET

Accepted

Feb 8, 3:46 PM ET

Size

6.2 KB

Accession

0001246991-24-000155

Insider Transaction Report

Form 4
Period: 2024-02-06
DIEHL RODNEY
Executive Vice President of GP
Transactions
  • Award

    LTIP Units

    2024-02-06$0.25/sh+6,318$1,58038,769 total
    Common OP Units (6,318 underlying)
Footnotes (2)
  • [F1]Represents units of limited partnership in the Issuer issued as long term incentive compensation 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 redeemed, 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 redemption for one share of BXP's common stock. LTIP Units have no expiration date.
  • [F2]The 6,318 LTIP Units vest 100% on January 15, 2028.

Issuer

BOSTON PROPERTIES LTD PARTNERSHIP

CIK 0001043121

Entity typeother

Related Parties

1
  • filerCIK 0001255086

Filing Metadata

Form type
4
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 3:46 PM ET
Size
6.2 KB