Key facts
- This page summarizes Bryan J. Koop's Form 4 filing for BOSTON PROPERTIES INC (BXP).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 12 Nov 2021, 09:02.
Bryan J. Koop - 09 Nov 2021 Form 4 Insider Report for BOSTON PROPERTIES INC (BXP)
- Reporting relationship
- Executive Vice President
- Issuer ticker
- BXP
- Reported as of
- 09 Nov 2021
- Net transaction value
- +$712,142
- SEC form
- 4
- Accepted by SEC
- 12 Nov 2021, 09:02:02 UTC
- Next SEC filing
- 01 Feb 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kelli A. DiLuglio, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Bryan J. Koop filed Form 4 for BOSTON PROPERTIES INC (BXP) on 12 Nov 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: +$712,142.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BXP
transaction
Common Stock, par value $0.01
Options Exercise
- Transaction value
- $712,142
- Shares
- +7,067
- Change %
- +263%
- Price
- $100.77
- Shares after
- 9,752
- Date
- 09 Nov 2021
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BXP
transaction
Derivative
Employee Stock Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -7,067
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 09 Nov 2021
- Ownership
- Direct
- Underlying class
- Common Stock, par value $0.01
- Underlying amount
- 7,067
- Exercise price
- $100.77
- Footnotes
- F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Includes 99.9847 shares of Common Stock which the Reporting Person acquired in July 2021 pursuant to the Boston Properties, Inc. 1999 Non-Qualified Employee Stock Purchase Plan, as amended.
Footnote F2
In (1) January 2014, the Issuer paid a special dividend of $2.25 per share of Common Stock to all stockholders of record as of the close of business on December 31, 2013, (2) January 2015, the Issuer paid a special dividend of $4.50 per share of Common Stock to all stockholders of record as of the close of business on December 31, 2014 and (3) January 2016, the Issuer paid a special dividend of $1.25 per share of Common Stock to all stockholders of record as of the close of business on December 31, 2015. In connection with these special dividends, the Issuer's Board of Directors adjusted all options that were awarded, but not exercised, prior to the ex-dividend date for each special dividend to account for the effect of each special dividend. The number of shares subject to each such option was increased and the exercise price correspondingly decreased such that each option had the same fair value to the holder before and after giving effect to the payment of each special dividend.
Footnote F3
Pursuant to the adjustments described in Footnote 2, the number of shares underlying the Reporting Person's options increased by (1) 146 from 6,621 to 6,767 in January 2014, (2) 232 from 6,767 to 6,999 in January 2015 and (3) 68 from 6,999 to 7,067 in January 2016 and the per share exercise price was correspondingly decreased.
Footnote F4
The option vested in four equal annual installments beginning on January 15, 2013.