Peter Otteni V - 11 Aug 2021 Form 4 Insider Report for BOSTON PROPERTIES INC (BXP)

Source evidence 5 source fields
Form type
4
Accepted by SEC
11 Aug 2021, 13:19:38 UTC
Previous filing
26 May 2021
Next filing
31 Aug 2021
SEC filing
View on sec.gov
Reporting owner 1 detail
Reporting owner signature
/s/ Kelli A. DiLuglio, as Attorney-in-Fact

Key filing fact

Peter Otteni V filed Form 4 for BOSTON PROPERTIES INC (BXP) on 11 Aug 2021.

Key facts

  • This page summarizes Peter Otteni V's Form 4 filing for BOSTON PROPERTIES INC (BXP).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 11 Aug 2021, 13:19.

Change

  • Previous filing in this sequence was filed on 26 May 2021.
  • 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

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BXP transaction

Common Stock, par value $0.01

Conversion of derivative security

Transaction value
Shares
+5,027
Change %
Price
Shares after
5,027
Date
11 Aug 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

BXP transaction Derivative

Common OP Units

Conversion of derivative security

Transaction value
Shares
-5,027
Change %
-100%
Price
Shares after
0
Date
11 Aug 2021
Ownership
Direct
Underlying class
Common Stock, par value $0.01
Underlying amount
5,027
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

5,027 of the Reporting Person's common units of limited partnership interest ("Common OP Units") in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the sole general partner, were redeemed for an equal number of shares of the Issuer's Common Stock in accordance with BPLP's Partnership Agreement.

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 Common Stock. Common OP Units have no expiration date.

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