0001246991-22-000100.txt : 20220203
0001246991-22-000100.hdr.sgml : 20220203
20220203133927
ACCESSION NUMBER: 0001246991-22-000100
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220201
FILED AS OF DATE: 20220203
DATE AS OF CHANGE: 20220203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LINDE DOUGLAS T
CENTRAL INDEX KEY: 0001217102
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50209
FILM NUMBER: 22587572
MAIL ADDRESS:
STREET 1: BOSTON PROPERTIES, INC.
STREET 2: 800 BOYLSTON STREET
CITY: BOSTON
STATE: MA
ZIP: 02199
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BOSTON PROPERTIES LTD PARTNERSHIP
CENTRAL INDEX KEY: 0001043121
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
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_164391355431377.xml
FORM 4
X0306
4
2022-02-01
0
0001043121
BOSTON PROPERTIES LTD PARTNERSHIP
N/A
0001217102
LINDE DOUGLAS T
C/O BOSTON PROPERTIES, INC.
800 BOYLSTON STREET
BOSTON
MA
02199
1
1
0
0
President of GP
LTIP Units
2022-02-01
4
A
0
23891
0.25
A
Common OP Units
23891.0
377729
D
Represents LTIP Units granted pursuant to the Boston Properties, Inc.'s ("BXP"), the Issuer's general partner, 2022 Multi-Year Long-Term Incentive Program (the "2022 Program"). 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 Issuer or the holder, into a common unit of limited partnership interest in the Issuer ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be redeemed, at the election of the holder, for cash equal to the then fair market value of a share of common stock of BXP except that BXP may, at its election, acquire each Common OP Unit so presented for redemption for one share of common stock of BXP. LTIP Units have no expiration date.
The 23,891 LTIP Units may be earned based on the achievement of certain performance criteria based on BXP's total shareholder return over a three-year performance period ending on January 31, 2025. Any LTIP Units earned pursuant to the 2022 Program will vest in full on January 31, 2025, with each earned LTIP Unit and Common OP Unit acquired upon conversion of such LTIP Unit subject to an additional post-vesting holding period pursuant to which such LTIP Unit and Common OP Unit generally may not be transferred, and the redemption right associated with the Common OP Unit may not be exercised, until one year after the vesting date.
/s/ Kelli A. DiLuglio, as Attorney-in-Fact
2022-02-03