0001246991-18-000044.txt : 20180206
0001246991-18-000044.hdr.sgml : 20180206
20180206172531
ACCESSION NUMBER: 0001246991-18-000044
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180202
FILED AS OF DATE: 20180206
DATE AS OF CHANGE: 20180206
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KOOP BRYAN J
CENTRAL INDEX KEY: 0001217098
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13087
FILM NUMBER: 18578562
MAIL ADDRESS:
STREET 1: BOSTON PROPERTIES, INC.
STREET 2: 800 BOYLSTON STREET
CITY: BOSTON
STATE: MA
ZIP: 02199
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
4
1
wf-form4_151795591554900.xml
FORM 4
X0306
4
2018-02-02
0
0001037540
BOSTON PROPERTIES INC
BXP
0001217098
KOOP BRYAN J
C/O BOSTON PROPERTIES, INC.
800 BOYLSTON STREET
BOSTON
MA
02199
0
1
0
0
Executive Vice President
LTIP Units
2018-02-02
4
A
0
4692
0.25
A
Common Stock, par value $0.01
4692.0
63994
D
LTIP Units
2018-02-06
4
A
0
1215
0.25
A
Common Stock, par value $0.01
1215.0
65209
D
LTIP Units
2018-02-06
4
A
0
1630
0.25
A
Common Stock, par value $0.01
1630.0
66839
D
Represents units of limited partnership interest in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, issued as long term incentive compensation ("LTIP Units") 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 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.
The 4,692 LTIP Units vest in four equal annual installments beginning on January 15, 2019.
Represents LTIP Units earned (i.e., for which the performance-based hurdles have been met) pursuant to the Issuer's 2015 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 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.
The 1,215 LTIP Units earned pursuant to the Program vested 50% upon being earned and 50% will vest on February 4, 2019.
The 1,630 LTIP Units vest in four equal annual installments beginning on January 15, 2019.
/s/ Kelli A. DiLuglio, as Attorney-in-Fact
2018-02-06