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: 31 May 2022, 16:33.
Mary E. Kipp - 26 May 2022 Form 4 Insider Report for BOSTON PROPERTIES INC (BXP)
- Form type
- 4
- Accepted by SEC
- 31 May 2022, 16:33:53 UTC
- Previous filing
- 01 Apr 2022
- Next filing
- 05 Jul 2022
- SEC filing
- View on sec.gov
- Reporting owner signature
- Kelli A. DiLuglio, as Attorney-in-Fact
SEC evidence
5 facts
Reporting owner
1 fact
Key filing fact
Mary E. Kipp filed Form 4 for BOSTON PROPERTIES INC (BXP) on 31 May 2022.
Change
- Previous filing in this sequence was filed on 01 Apr 2022.
- Current net transaction value: +$376.
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.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BXP
transaction
Derivative
LTIP Units
Award
- Transaction value
- $376
- Shares
- +1,504
- Change %
- Price
- $0.2500*
- Shares after
- 1,504
- Date
- 26 May 2022
- Ownership
- Direct
- Underlying class
- Common Stock, par value $0.01
- Underlying amount
- 1,504
- 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
Represents units of limited partnership interest in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, issued pursuant to the Issuer's equity based incentive programs ("LTIP Units"). Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of BPLP or the holder, into a common unit of limited partnership interest in BPLP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP 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 the Issuer's common stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of common stock. LTIP Units have no expiration date.
Footnote F2
The 1,504 LTIP Units will vest on the earlier of (i) May 26, 2023 and (ii) the date of the Issuer's 2023 annual meeting of stockholders.