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