Peter Otteni V - 06 Feb 2024 Form 4 Insider Report for BOSTON PROPERTIES LTD PARTNERSHIP

SEC evidence 5 source fields
Form type
4
Accepted by SEC
08 Feb 2024, 15:45:35 UTC
Previous filing
06 Feb 2024
Next filing
09 Aug 2024
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 LTD PARTNERSHIP on 08 Feb 2024.

Key facts

  • This page summarizes Peter Otteni V's Form 4 filing for BOSTON PROPERTIES LTD PARTNERSHIP.
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 08 Feb 2024, 15:45.

Change

  • Previous filing in this sequence was filed on 06 Feb 2024.
  • Current net transaction value: +$1,974.

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 derivative securities

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

No ticker transaction Derivative

LTIP Units

Award

Transaction value
$1,974
Shares
+7,897
Change %
+22%
Price
$0.2500*
Shares after
44,441
Date
06 Feb 2024
Ownership
Direct
Underlying class
Common OP Units
Underlying amount
7,897
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 in the Issuer issued as long term incentive compensation pursuant to Boston Properties, Inc.'s ("BXP"), the Issuer's general partner, 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 the Issuer or the holder, into a common unit of limited partnership interest in the Issuer ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be redeemed, at the election of the holder, for cash equal to the then fair market value of a share of BXP's common stock except that BXP may, at its election, acquire each Common OP Unit so presented for redemption for one share of BXP's common stock. LTIP Units have no expiration date.

Footnote F2

The 7,897 LTIP Units vest 100% on January 15, 2028.

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