0001246991-23-000132.txt : 20230215
0001246991-23-000132.hdr.sgml : 20230215
20230215155119
ACCESSION NUMBER: 0001246991-23-000132
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230213
FILED AS OF DATE: 20230215
DATE AS OF CHANGE: 20230215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Walsh Michael R.
CENTRAL INDEX KEY: 0001637104
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50209
FILM NUMBER: 23635268
MAIL ADDRESS:
STREET 1: 800 BOYLSTON STREET
STREET 2: SUITE 1900
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_167649426461177.xml
FORM 4
X0306
4
2023-02-13
0
0001043121
BOSTON PROPERTIES LTD PARTNERSHIP
N/A
0001637104
Walsh Michael R.
800 BOYLSTON STREET
BOSTON
MA
02199
0
1
0
0
SVP & Chief Acctg. Off. of GP
LTIP Units
2023-02-13
4
A
0
185
0.25
A
Common OP Units
185.0
23986
D
Represents units of limited partnership interest in the Issuer earned (i.e., for which the performance-based hurdles have been met) pursuant to Boston Properties, Inc.'s ("BXP's"), the Issuer's sole general partner's, 2020 Multi-Year Long-Term Incentive Program (the "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 presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of BXP's common stock, except that BXP may, at its election, acquire each Common OP Unit so presented for one share of BXP's common stock. LTIP Units have no expiration date.
The 185 LTIP Units earned pursuant to the Program vested 50% upon being earned and 50% will vest on February 3, 2024.
/s/ Kelli A. DiLuglio, as Attorney-in-Fact
2023-02-15