Michael E. Labelle - 31 Jan 2025 Form 4 Insider Report for BXP, Inc. (BXP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Feb 2025, 16:09:15 UTC
Prior SEC filing
17 Jan 2025
Next SEC filing
10 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kelli A. DiLuglio, as Attorney-in-Fact

Key filing fact

Michael E. Labelle filed Form 4 for BXP, Inc. (BXP) on 03 Feb 2025.

Key facts

  • This page summarizes Michael E. Labelle's Form 4 filing for BXP, Inc. (BXP).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 03 Feb 2025, 16:09.

Change

  • Previous filing in this sequence was filed on 17 Jan 2025.
  • Current net transaction value: +$5,127.

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.

View source filing

Reported derivative securities

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

BXP transaction Derivative

LTIP Units

Award

Transaction value
$5,127
Shares
+20,508
Change %
+9.7%
Price
$0.2500
Shares after
231,558
Date
31 Jan 2025
Ownership
Direct
Underlying class
Common Stock, par value $0.01
Underlying amount
20,508
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 20,508 LTIP Units vest in four equal annual installments beginning on January 15, 2026.

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