Home > Insider Trading > Filing (0001246991-22-000139)

Filing Details

Accession Number:: 0001246991-22-000139
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-02-24 11:53:03
Reporting Period:: 2022-02-23

Accepted Time:: 2022-02-24 11:53:03
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1037540	Boston Properties Inc	BXP	Real Estate Investment Trusts (6798)	042473675

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1219153	A Raymond Ritchey	C/O Boston Properties, Inc. 2200 Pennsylvania Avenue, Nw Washington DC 20037	Senior Evp	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.01	Acquisiton	2022-02-23	21,102	$0.00	21,102	No	4	C	Direct
Common Stock, Par Value $0.01	Disposition	2022-02-23	21,102	$120.52	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Par Value $0.01	LTIP Units	Disposition	2022-02-23	21,102	$0.25	21,102	$0.00
Common Stock, Par Value $0.01	Common OP Units	Acquisiton	2022-02-23	21,102	$0.00	21,102	$0.00
Common Stock, Par Value $0.01	Common OP Units	Disposition	2022-02-23	21,102	$0.00	21,102	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
192,566	No	4	C	Direct
109,907	No	4	C	Direct
88,805	No	4	C	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock, Par Value $0.01	Common OP Units	$0.00			31,265	31,265	Indirect
Common Stock, Par Value $0.01	Common OP Units	$0.00			10,500	10,500	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	31,265	31,265	Indirect
	10,500	10,500	Indirect

Footnotes

21,102 of the Reporting Person's units of limited partnership interest ("LTIP Units") in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the sole 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 the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $120.2900 to $120.6000, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
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 unit of limited partnership interest ("Common OP Unit") in BPLP. 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 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 fair market value of a share of the Issuer's common stock, except that the Issuer may, at it's election, acquire each Common OP Unit so presented for redemption for one share of Common Stock. Common OP Units have no expiration date.