Mary E. Kipp - 30 Sep 2024 Form 4 Insider Report for BXP, Inc. (BXP)

Source evidence 5 source fields
Form type
4
Accepted by SEC
01 Oct 2024, 11:53:51 UTC
Previous filing
01 Jul 2024
Next filing
02 Jan 2025
SEC filing
View on sec.gov
Reporting owner 1 detail
Reporting owner signature
/s/ Kelli A. DiLuglio, as Attorney-in-Fact

Key filing fact

Mary E. Kipp filed Form 4 for BXP, Inc. (BXP) on 01 Oct 2024.

Key facts

  • This page summarizes Mary E. Kipp's Form 4 filing for BXP, Inc. (BXP).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 01 Oct 2024, 11:53.

Change

  • Previous filing in this sequence was filed on 01 Jul 2024.
  • Current net transaction value: +$27,500.

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.

BXP transaction Derivative

Phantom Stock Units

Award

Transaction value
$27,500
Shares
+342
Change %
+7.3%
Price
$80.46
Shares after
4,998
Date
30 Sep 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.01
Underlying amount
342
Exercise price
Footnotes
F1, F2, 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

The Phantom Stock Units convert to BXP, Inc. common stock on a 1-for-1 basis.

Footnote F2

The Phantom Stock Units are awarded under the BXP, Inc. ("BXP") 2021 Stock Incentive 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 BXP 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 BXP Board of Directors. In addition, non-employee directors who elect a deferred payout following their retirement may make one or more elections to convert a portion (but only in 25% increments) of their notional investment from BXP common stock to a deemed investment in one or more measurement funds. These elections may only be made after the director's service on the BXP Board of Directors ends. Amounts notionally invested in measurement funds will be settled in cash instead of BXP common stock.

Footnote F3

Includes 63.13 Phantom Stock Units received pursuant to dividend equivalent rights which were credited to the Reporting Person on July 31, 2024.

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