0001246991-20-000071.txt : 20200212
0001246991-20-000071.hdr.sgml : 20200212
20200212154716
ACCESSION NUMBER: 0001246991-20-000071
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200211
FILED AS OF DATE: 20200212
DATE AS OF CHANGE: 20200212
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: 20603867
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_158154041842379.xml
FORM 4
X0306
4
2020-02-11
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
Common Stock, par value $0.01
2020-02-11
4
C
0
17178
A
33326.9814
D
LTIP Units
2020-02-11
4
C
0
17178
0.25
D
Common Stock, par value $0.01
17178.0
30077
D
Common OP Units
2020-02-11
4
C
0
17178
A
Common Stock, par value $0.01
17178.0
30162
D
Common OP Units
2020-02-11
4
C
0
17178
D
Common Stock, par value $0.01
17178.0
12984
D
17,178 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 into common units of limited partnership interest ("Common OP Units") in BPLP by the Reporting Person and the Common OP Units were redeemed for an equal number of shares of the Issuer's Common Stock in accordance with BPLP's Partnership Agreement.
Includes 43.104155 shares which the Reporting Person acquired in January 2020 pursuant to the Boston Properties, Inc. 1999 Non-Qualified Employee Stock Purchase Plan.
Represents LTIP Units in BPLP, of which the Issuer is the general partner, 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 a Common OP Unit 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 it's 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, as Attorney-in-Fact
2020-02-12