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.
- Filing timestamp: 01 Apr 2022, 11:21.
Mary E. Kipp - 31 Mar 2022 Form 4 Insider Report for BOSTON PROPERTIES INC (BXP)
- Role
- Director
- Signature
- Kelli A. DiLuglio, as Attorney-in-Fact
- Issuer symbol
- BXP
- Transactions as of
- 31 Mar 2022
- Net transactions value
- +$25,000
- Form type
- 4
- Filing time
- 01 Apr 2022, 11:21:53 UTC
- Previous filing
- 04 Jan 2022
- Next filing
- 31 May 2022
- SEC
- View on sec.gov
Key filing fact
Mary E. Kipp filed Form 4 for BOSTON PROPERTIES INC (BXP) on 01 Apr 2022.
Change
- Previous filing in this sequence was filed on 04 Jan 2022.
- Current net transaction value: +$25,000.
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
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
BXP
transaction
Derivative
Phantom Stock Units
Award
- Transaction value
- $25,000
- Shares
- +194
- Change %
- +681%
- Price
- $128.80
- Shares after
- 223
- Date
- 31 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock, par value $0.01
- Underlying amount
- 194
- Exercise price
- Footnotes
- F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | The Phantom Stock Units convert to Common Stock on a 1-for-1 basis. |
| 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. |
| F3 | Includes 0.24 Phantom Stock Units received pursuant to dividend equivalent rights which were credited to the Reporting Person on January 28, 2022. |