0001246991-21-000135.txt : 20210311 0001246991-21-000135.hdr.sgml : 20210311 20210311161457 ACCESSION NUMBER: 0001246991-21-000135 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210309 FILED AS OF DATE: 20210311 DATE AS OF CHANGE: 20210311 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RITCHEY RAYMOND A CENTRAL INDEX KEY: 0001219153 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13087 FILM NUMBER: 21733450 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_161549727683274.xml FORM 4 X0306 4 2021-03-09 0 0001037540 BOSTON PROPERTIES INC BXP 0001219153 RITCHEY RAYMOND A C/O BOSTON PROPERTIES, INC. 2200 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20037 0 1 0 0 Senior EVP Common Stock, par value $0.01 2021-03-09 4 C 0 60000 A 60000 D LTIP Units 2021-03-09 4 C 0 60000 0.25 D Common Stock, par value $0.01 60000.0 204926 D Common OP Units 2021-03-09 4 C 0 60000 A Common Stock, par value $0.01 60000.0 148805 D Common OP Units 2021-03-09 4 C 0 60000 D Common Stock, par value $0.01 60000.0 88805 D Common OP Units Common Stock, par value $0.01 31265.0 31265 I By The Raymond A. Ritchey 2008 Family Trust Common OP Units Common Stock, par value $0.01 10500.0 10500 I By The Raymond A. Ritchey 2020 Grantor Retained Annuity Trust, dated June 11, 2020 60,000 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 common stock of the Issuer ("Common Stock") pursuant to a Rule 10b5-1 plan entered into by the Reporting Person on February 23, 2021. Represents LTIP Units 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 BPLP or the holder, into a common unit of limited partnership interest ("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 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. Reflects the transfer on June 12, 2020 of 10,500 Common OP Units previously owned directly by the Reporting Person to the Raymond A. Ritchey 2020 Grantor Retained Annuity Trust, of which the reporting person is the sole trustee and beneficiary. /s/ Kelli A. DiLuglio, as Attorney-in-Fact 2021-03-11