Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | N/A | Common OP Units | Conversion of derivative security | -4.11K | -100% | 0 | Jun 30, 2021 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Represents common units of limited partnership interest ("Common OP Units") in the Issuer. Each Common OP 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 common stock of Boston Properties, Inc. ("BXP"), the Issuer's sole general partner, except that BXP may, at its election, acquire each Common OP Unit so presented for redemption for one share of common stock of BXP. |
F2 | 4,109 of the Reporting Person's Common OP Units in the Issuer were redeemed for an equal number of shares of common stock of BXP, in accordance with the terms of the Issuer's Partnership Agreement. |