Filing Details
- Accession Number:
- 0001246991-24-000297
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-09-10 12:15:44
- Reporting Period:
- 2024-09-09
- Accepted Time:
- 2024-09-10 12:15:44
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1037540 | Bxp 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
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 | 2024-09-09 | 21,835 | $0.00 | 21,835 | No | 4 | C | Direct | |
Common Stock, Par Value $0.01 | Disposition | 2024-09-09 | 21,835 | $74.25 | 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
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | LTIP Units | Disposition | 2024-09-09 | 21,835 | $0.25 | 21,835 | $0.00 |
Common Stock, Par Value $0.01 | Common OP Units | Acquisiton | 2024-09-09 | 21,835 | $0.00 | 21,835 | $0.00 |
Common Stock, Par Value $0.01 | Common OP Units | Disposition | 2024-09-09 | 21,835 | $0.00 | 21,835 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
134,978 | No | 4 | C | Direct | ||
110,640 | No | 4 | C | Direct | ||
88,805 | No | 4 | C | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock, Par Value $0.01 | 14,150 | Indirect | By The Raymond A. Ritchey 2008 Family Trust |
Reported Derivative Holdings
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 | 10,500 | 10,500 | Indirect | ||
Common Stock, Par Value $0.01 | Common OP Units | $0.00 | 17,115 | 17,115 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
10,500 | 10,500 | Indirect | |
17,115 | 17,115 | Indirect |
Footnotes
- 21,835 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 the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $74.0225 to $74.325, 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 the Issuer issued as long term incentive compensation pursuant to BXP'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 the Issuer 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 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.
- 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 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.