Kevorkian Eric G 4

4 · BOSTON PROPERTIES LTD PARTNERSHIP · Filed Feb 2, 2026

AI-generated summary of this filing

Updated Feb 2, 2026

Boston Properties SVP Eric Kevorkian Receives LTIP Award

What Happened

Eric G. Kevorkian, Senior Vice President and Chief Legal Officer of the general partner, was granted 3,827 LTIP units on 2026-01-30. The filing reports an acquisition price of $0.25 per unit, a notional value of $957. This was an award (code A), not an open-market purchase or sale — a compensation/retention grant rather than a trade.

Key Details

Transaction date: 2026-01-30; Form 4 filed: 2026-02-02 (filing appears timely).
Units granted: 3,827 LTIP Units at $0.25 per unit (total $957, reported as a derivative grant).
Vesting: The 3,827 LTIP Units vest in four equal annual installments beginning January 15, 2027 (footnote F2).
LTIP mechanics (footnote F1): LTIP Units are convertible, subject to tax-allocation conditions, into common OP units; converted units can be redeemed for cash equal to the fair market value of a BXP share or, at BXP’s election, exchanged for one share of BXP common stock. LTIP Units have no expiration date.
Shares owned after the transaction: not specified in this filing.

Context

This is a routine equity-compensation award used for retention and alignment with shareholder value; it does not represent a purchase or sale signal. The grant vests over multiple years, so any future ownership increase will occur as vesting and any conversions/redemptions happen.

Form 4

Period: 2026-01-30

SVP, CLO of GP

Transactions

Award
LTIP Units
[F1][F2]
2026-01-30$0.25/sh+3,827$957→ 44,305.91 total
→ Common OP Units (3,827 underlying)

Footnotes (2)

[F1]Represents units of limited partnership in the Issuer issued pursuant to BXP, 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 redemption for one share of BXP's common stock. LTIP Units have no expiration date.
[F2]The 3,827 LTIP Units vest in four equal annual installments beginning on January 15, 2027.

Signature

/s/ Kelli A. DiLuglio, as Attorney-in-Fact|2026-02-02

1 file