0001246991-23-000251.txt : 20231002
0001246991-23-000251.hdr.sgml : 20231002
20231002160954
ACCESSION NUMBER: 0001246991-23-000251
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230930
FILED AS OF DATE: 20231002
DATE AS OF CHANGE: 20231002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LUSTIG MATTHEW J
CENTRAL INDEX KEY: 0001203367
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13087
FILM NUMBER: 231299708
MAIL ADDRESS:
STREET 1: LAZARD FRERES & CO LLC
STREET 2: 30 ROCKEFELLER PLZA 50TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10020
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_169627738003466.xml
FORM 4
X0508
4
2023-09-30
0
0001037540
BOSTON PROPERTIES INC
BXP
0001203367
LUSTIG MATTHEW J
C/O LAZARD FRERES & CO LLC
30 ROCKEFELLER PLAZA
NEW YORK
NY
10020
1
0
0
0
0
Phantom Stock Units
2023-09-30
4
A
0
504.37
59.48
A
Common Stock, par value $0.01
504.37
14049.21
D
The Phantom Stock Units convert to Boston Properties, Inc. common stock on a 1-for-1 basis.
The Phantom Stock Units are awarded under the Boston Properties, Inc. ("BXP") 2021 Stock Incentive Plan to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of BXP common stock (except that fractional units, if any, will be settled in cash) in a lump sum or in ten annual installments, at the reporting person's election, following the reporting person's retirement from the BXP Board of Directors. In addition, non-employee directors who elect a deferred payout following their retirement may make one or more elections to convert a portion (but only in 25% increments) of their notional investment from BXP common stock to a deemed investment in one or more measurement funds. These elections may only be made after the director's service on the BXP Board of Directors ends. Amounts notionally invested in measurement funds will be settled in cash instead of BXP common stock.
Includes 196.33 Phantom Stock Units received pursuant to dividend equivalent rights which were credited to the Reporting Person on July 31, 2023.
/s/ Kelli A. DiLuglio, as Attorney-in-Fact
2023-10-02