4//SEC Filing
KIPP MARY E 4
Accession 0001246991-24-000310
CIK 0001037540other
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 11:53 AM ET
Size
6.5 KB
Accession
0001246991-24-000310
Insider Transaction Report
Form 4
BXP, Inc.BXP
KIPP MARY E
Director
Transactions
- Award
Phantom Stock Units
2024-09-30$80.46/sh+341.78$27,500→ 4,998.27 total→ Common Stock, par value $0.01 (341.78 underlying)
Footnotes (3)
- [F1]The Phantom Stock Units convert to BXP, Inc. common stock on a 1-for-1 basis.
- [F2]The Phantom Stock Units are awarded under the BXP, Inc. ("BXP") 2021 Stock Incentive Plan to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of BXP common stock (except that fractional units, if any, will be settled in cash) in a lump sum or in ten annual installments, at the reporting person's election, following the reporting person's retirement from the BXP Board of Directors. In addition, non-employee directors who elect a deferred payout following their retirement may make one or more elections to convert a portion (but only in 25% increments) of their notional investment from BXP common stock to a deemed investment in one or more measurement funds. These elections may only be made after the director's service on the BXP Board of Directors ends. Amounts notionally invested in measurement funds will be settled in cash instead of BXP common stock.
- [F3]Includes 63.13 Phantom Stock Units received pursuant to dividend equivalent rights which were credited to the Reporting Person on July 31, 2024.
Documents
Issuer
BXP, Inc.
CIK 0001037540
Entity typeother
Related Parties
1- filerCIK 0001478538
Filing Metadata
- Form type
- 4
- Filed
- Sep 30, 8:00 PM ET
- Accepted
- Oct 1, 11:53 AM ET
- Size
- 6.5 KB