0001246991-24-000291.txt : 20240809 0001246991-24-000291.hdr.sgml : 20240809 20240809130107 ACCESSION NUMBER: 0001246991-24-000291 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240809 FILED AS OF DATE: 20240809 DATE AS OF CHANGE: 20240809 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Otteni Peter V CENTRAL INDEX KEY: 0001862920 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13087 FILM NUMBER: 241191627 MAIL ADDRESS: STREET 1: 2200 PENNSYLVANIA AVENUE NW STREET 2: SUITE 200W CITY: WASHINGTON STATE: DC ZIP: 20037 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BXP, Inc. CENTRAL INDEX KEY: 0001037540 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction 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 FORMER COMPANY: FORMER CONFORMED NAME: BOSTON PROPERTIES INC DATE OF NAME CHANGE: 19970409 4 1 wk-form4_1723222860.xml FORM 4 X0508 4 2024-08-09 0 0001037540 BXP, Inc. BXP 0001862920 Otteni Peter V 2200 PENNSYLVANIA AVENUE NW SUITE 200W WASHINGTON DC 20037 0 1 0 0 Executive Vice President 0 Common Stock, par value $0.01 2024-08-09 4 C 0 4785 A 4785 D LTIP Units 2024-08-09 4 C 0 4785 0.25 D Common Stock, par value $0.01 4785 39656 D Common OP Units 2024-08-09 4 C 0 4785 A Common Stock, par value $0.01 4785 4785 D Common OP Units 2024-08-09 4 C 0 4785 D Common Stock, par value $0.01 4785 0 D 4,785 of the reporting person's units of limited partnership interest ("LTIP Units") in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the 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 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 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 the Issuer's 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 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 redemption for one share of the Issuer's common stock. Common OP Units have no expiration date. /s/ Kelli A. DiLuglio, as Attorney-in-Fact 2024-08-09