0001246991-22-000139.txt : 20220224
0001246991-22-000139.hdr.sgml : 20220224
20220224115303
ACCESSION NUMBER: 0001246991-22-000139
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220223
FILED AS OF DATE: 20220224
DATE AS OF CHANGE: 20220224
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: 22668388
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_164572156994152.xml
FORM 4
X0306
4
2022-02-23
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
2022-02-23
4
C
0
21102
A
21102
D
Common Stock, par value $0.01
2022-02-23
4
S
0
21102
120.5156
D
0
D
LTIP Units
2022-02-23
4
C
0
21102
0.25
D
Common Stock, par value $0.01
21102.0
192566
D
Common OP Units
2022-02-23
4
C
0
21102
A
Common Stock, par value $0.01
21102.0
109907
D
Common OP Units
2022-02-23
4
C
0
21102
D
Common Stock, par value $0.01
21102.0
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
21,102 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.
Represents the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $120.2900 to $120.6000, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
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.
/s/ Kelli A. DiLuglio, as Attorney-in-Fact
2022-02-24