0001246991-16-000365.txt : 20160223
0001246991-16-000365.hdr.sgml : 20160223
20160223125937
ACCESSION NUMBER: 0001246991-16-000365
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160222
FILED AS OF DATE: 20160223
DATE AS OF CHANGE: 20160223
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: ZUCKERMAN MORTIMER B
CENTRAL INDEX KEY: 0001106186
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13087
FILM NUMBER: 161447638
MAIL ADDRESS:
STREET 1: BOSTON PROPERTIES, INC.
STREET 2: 599 LEXINGTON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2016-02-22
0001037540
BOSTON PROPERTIES INC
BXP
0001106186
ZUCKERMAN MORTIMER B
MORTIMER ZUCKERMAN COMPANY
510 MADISON AVENUE
NEW YORK
NY
10022
1
0
0
0
LTIP Units
2016-02-22
4
A
0
11049
.25
A
Common Stock
11049
648353
D
Represents units of limited partnership interest in Boston Properties Limited Partnership (BPLP), of which the Issuer is the general partner, earned (i.e., for which the performance-based hurdles have been met) pursuant to the Issuer's 2013 Multi-Year Long-Term Incentive Program (the "Program").
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 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.
With respect to the 11,049 LTIP Units earned pursuant to the Program, 25% of such LTIP Units may not be transferred (nor may any Common OP Units issued upon conversion of such LTIP Units be redeemed) until February 4, 2017 and 50% of such LTIP Units may not be transferred (nor may any Common OP Units issued upon conversion of such LTIP Units be redeemed) until February 4, 2018.
Kelli A. DiLuglio, as Attorney-in-Fact
2016-02-23