Key facts
- This page summarizes Peter Otteni V's Form 4 filing for BXP, Inc. (BXP).
- 4 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 09 Aug 2024, 13:01.
Peter Otteni V - 09 Aug 2024 Form 4 Insider Report for BXP, Inc. (BXP)
- Reporting relationship
- Executive Vice President
- Issuer ticker
- BXP
- Reported as of
- 09 Aug 2024
- Net transaction value
- -$1,196
- SEC form
- 4
- Accepted by SEC
- 09 Aug 2024, 13:01:07 UTC
- Prior SEC filing
- 08 Feb 2024
- Next SEC filing
- 26 Aug 2024
- 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.
5 source fields
Reporting owner
1 detail
Key filing fact
Peter Otteni V filed Form 4 for BXP, Inc. (BXP) on 09 Aug 2024.
Change
- Previous filing in this sequence was filed on 08 Feb 2024.
- Current net transaction value: -$1,196.
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
Conversion of derivative security
- Transaction value
- Shares
- +4,785
- Change %
- Price
- Shares after
- 4,785
- Date
- 09 Aug 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BXP
transaction
Derivative
LTIP Units
Conversion of derivative security
- Transaction value
- $1,196
- Shares
- -4,785
- Change %
- -11%
- Price
- $0.2500*
- Shares after
- 39,656
- Date
- 09 Aug 2024
- Ownership
- Direct
- Underlying class
- Common Stock, par value $0.01
- Underlying amount
- 4,785
- Exercise price
- Footnotes
- F1, F2
BXP
transaction
Derivative
Common OP Units
Conversion of derivative security
- Transaction value
- Shares
- +4,785
- Change %
- Price
- Shares after
- 4,785
- Date
- 09 Aug 2024
- Ownership
- Direct
- Underlying class
- Common Stock, par value $0.01
- Underlying amount
- 4,785
- Exercise price
- Footnotes
- F1, F3
BXP
transaction
Derivative
Common OP Units
Conversion of derivative security
- Transaction value
- Shares
- -4,785
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 09 Aug 2024
- Ownership
- Direct
- Underlying class
- Common Stock, par value $0.01
- Underlying amount
- 4,785
- Exercise price
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
4,785 of the reporting person's units of limited partnership interest ("LTIP Units") in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, were converted into common units of limited partnership interest ("Common OP Units") in BPLP by the reporting person and the Common OP Units were redeemed for an equal number of shares of the Issuer's common stock in accordance with BPLP's Partnership Agreement.
Footnote F2
Represents LTIP Units in BPLP issued as long term incentive compensation pursuant to the Issuer's equity based incentive programs. 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 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 the Issuer's common stock. LTIP Units have no expiration date.
Footnote F3
Represents Common OP Units in BPLP. Each Common OP 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 redemption for one share of the Issuer's common stock. Common OP Units have no expiration date.