Mary E. Kipp - 31 Dec 2021 Form 4 Insider Report for BOSTON PROPERTIES INC (BXP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Jan 2022, 09:04:08 UTC
Prior SEC filing
29 Dec 2021
Next SEC filing
01 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Kelli A. DiLuglio, as Attorney-in-Fact

Key filing fact

Mary E. Kipp filed Form 4 for BOSTON PROPERTIES INC (BXP) on 04 Jan 2022.

Key facts

  • This page summarizes Mary E. Kipp's Form 4 filing for BOSTON PROPERTIES INC (BXP).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 04 Jan 2022, 09:04.

Change

  • Previous filing in this sequence was filed on 29 Dec 2021.
  • Current net transaction value: +$3,255.

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

Phantom Stock Units

Award

Transaction value
$3,255
Shares
+28
Change %
Price
$115.18
Shares after
28
Date
31 Dec 2021
Ownership
Direct
Underlying class
Common Stock, par value $0.01
Underlying amount
28
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

The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.

Footnote F2

The Phantom Stock Units are awarded under the Boston Properties, Inc. 2021 Stock Incentive Plan (the "2021 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) in a lump sum or in ten annual installments, at the Reporting Person's election, following the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors. In addition, non-employee directors who elect a deferred payout following their retirement may elect to convert not less than 100% of their notional investment from Common Stock to a deemed investment in one or more measurement funds. This election may only be made after the director's service on the Board of Directors ends. A director's account that has been converted to measurement funds will be settled in cash instead of Common Stock.

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 .