0001246991-14-000072.txt : 20140225
0001246991-14-000072.hdr.sgml : 20140225
20140225164417
ACCESSION NUMBER: 0001246991-14-000072
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140224
FILED AS OF DATE: 20140225
DATE AS OF CHANGE: 20140225
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BOSTON PROPERTIES INC
CENTRAL INDEX KEY: 0001037540
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 042473675
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 800 BOYLSTON STREET
STREET 2: SUITE 1900
CITY: BOSTON
STATE: MA
ZIP: 02199
BUSINESS PHONE: 6172363300
MAIL ADDRESS:
STREET 1: 800 BOYLSTON STREET
STREET 2: SUITE 1900
CITY: BOSTON
STATE: MA
ZIP: 02199
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: JOHNSTON PETER D
CENTRAL INDEX KEY: 0001337218
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13087
FILM NUMBER: 14641243
MAIL ADDRESS:
STREET 1: BOSTON PROPERTIES, INC.
STREET 2: 901 NEW YORK AVENUE, NW
CITY: WASHINGTON
STATE: DC
ZIP: 20001
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2014-02-24
0001037540
BOSTON PROPERTIES INC
BXP
0001337218
JOHNSTON PETER D
C/O BOSTON PROPERTIES, INC.
2200 PENNSYLVANIA AVENUE, NW
WASHINGTON
DC
20037
0
1
0
0
Senior Vice President
Common Stock, par value $.01
2014-02-24
4
C
0
5720
A
30457.578
D
Common Stock, par value $.01
2014-02-24
4
S
0
5720
111.3477
D
24737.578
D
LTIP Units
2014-02-24
4
C
0
5720
.25
D
Common Stock
5720
19662
D
Common OP Units
2014-02-24
4
C
0
5720
.25
A
Common Stock
5720
18704
D
Common OP Units
2014-02-24
4
C
0
5720
.25
D
Common Stock
5720
12984
D
5,720 of the Reporting Person's units of limited partnership interest (LTIP Units) in Boston Properties Limited Partnership (BPLP), of which the Issuer is the sole general partner, were converted in common units of limited partnership interest (Common OP Units) in BPLP by the Reporting Person and the Common OP Units were immediately redeemed for an equal number of shares of the Issuer's Common Stock in accordance with BPLP's Partnership Agreement.
Includes 169.0546 shares which the Reporting Person acquired in January 2013, July 2013 and January 2014 pursuant to the Boston Properties, Inc. 1999 Non-Qualified Employee Stock Purchase Plan.
Represents the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $111.24 to $111.45, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Represents units of limited partnership interest 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 the holder, into Common OP Units in BPLP. 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.
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 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 Common Stock. Common OP Units have no expiration date.
/s/ Kelli A. DiLuglio, Attorney-in-Fact
2014-02-25