Peter Otteni V - 17 May 2021 Form 3 Insider Report for BOSTON PROPERTIES INC (BXP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
3
Accepted by SEC
26 May 2021, 16:32:02 UTC
Next SEC filing
11 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kelli A. DiLuglio, as Attorney-in-Fact

Key filing fact

Peter Otteni V filed Form 3 for BOSTON PROPERTIES INC (BXP) on 26 May 2021.

Key facts

  • This page summarizes Peter Otteni V's Form 3 filing for BOSTON PROPERTIES INC (BXP).
  • 0 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 26 May 2021, 16:32.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BXP holding Derivative

LTIP Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
17 May 2021
Ownership
Direct
Underlying class
Common Stock, par value $0.01
Underlying amount
18,300
Exercise price
Footnotes
F1
BXP holding Derivative

Common OP Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
17 May 2021
Ownership
Direct
Underlying class
Common Stock, par value $0.01
Underlying amount
5,027
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents units of limited partnership interest in Boston Properties Limited Partnership, of which the Issuer is the general partner, ("BPLP") issued as long term incentive compensation ("LTIP Units") pursuant to the Issuer's equity based incentive programs. 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 holder, into a common unit of limited partnership interest in BPLP ("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 the Issuer's common stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of the Issuer's common stock. LTIP Units have no expiration date.

Footnote F2

Represents Common OP Units in BPLP. Each Common OP Unit may be presented for redemption, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's common stock, except that the Issuer may, at it's election, acquire each Common OP Unit so presented for redemption for one share of its common stock. Common OP Units have no expiration date.

SEC remarks

Exhibit 24 Power of Attorney

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .