Carol B. Einiger - 27 May 2021 Form 4 Insider Report for BOSTON PROPERTIES INC (BXP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
01 Jun 2021, 17:22:50 UTC
Next SEC filing
01 Jul 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kelli A. DiLuglio, as Attorney-in-Fact

Key filing fact

Carol B. Einiger filed Form 4 for BOSTON PROPERTIES INC (BXP) on 01 Jun 2021.

Key facts

  • This page summarizes Carol B. Einiger's Form 4 filing for BOSTON PROPERTIES INC (BXP).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 01 Jun 2021, 17:22.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: +$321.

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

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

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

BXP transaction Derivative

LTIP Units

Award

Transaction value
$321
Shares
+1,285
Change %
+14%
Price
$0.2500*
Shares after
10,254
Date
27 May 2021
Ownership
Direct
Underlying class
Common Stock, par value $0.01
Underlying amount
1,285
Exercise price
Footnotes
F1, 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 ("BPLP"), of which the Issuer is the general partner, issued 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 common stock. LTIP Units have no expiration date.

Footnote F2

The 1,285 LTIP Units will vest on the earlier of (i) May 27, 2022 and (ii) the date of the Issuer's 2022 annual meeting of stockholders.

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