0001246991-18-000046.txt : 20180206 0001246991-18-000046.hdr.sgml : 20180206 20180206172613 ACCESSION NUMBER: 0001246991-18-000046 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: JOHNSTON PETER D CENTRAL INDEX KEY: 0001337218 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13087 FILM NUMBER: 18578573 MAIL ADDRESS: STREET 1: BOSTON PROPERTIES, INC. STREET 2: 901 NEW YORK AVENUE, NW CITY: WASHINGTON STATE: DC ZIP: 20001 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_151795595822468.xml FORM 4 X0306 4 2018-02-02 0 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 Executive Vice President LTIP Units 2018-02-02 4 A 0 3645 0.25 A Common Stock, par value $0.01 3645.0 34354 D LTIP Units 2018-02-06 4 A 0 1072 0.25 A Common Stock, par value $0.01 1072.0 35426 D LTIP Units 2018-02-06 4 A 0 1439 0.25 A Common Stock, par value $0.01 1439.0 36865 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 3,645 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 1,072 LTIP Units earned pursuant to the Program vested 50% upon being earned and 50% will vest on February 4, 2019. The 1,439 LTIP Units vest in four equal annual installments beginning on January 15, 2019. /s/ Kelli A. DiLuglio, as Attorney-in-Fact 2018-02-06