0001246991-20-000131.txt : 20200226 0001246991-20-000131.hdr.sgml : 20200226 20200226150310 ACCESSION NUMBER: 0001246991-20-000131 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200225 FILED AS OF DATE: 20200226 DATE AS OF CHANGE: 20200226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BURT FRANK D CENTRAL INDEX KEY: 0001217093 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13087 FILM NUMBER: 20655233 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 INC CENTRAL INDEX KEY: 0001037540 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 042473675 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_158274737313423.xml FORM 4 X0306 4 2020-02-25 0 0001037540 BOSTON PROPERTIES INC BXP 0001217093 BURT FRANK D C/O BOSTON PROPERTIES, INC. 800 BOYLSTON STREET BOSTON MA 02199 0 1 0 0 SVP, CLO and Secretary Common Stock, par value $0.01 2020-02-25 4 C 0 3000 A 3000 D Common Stock, par value $0.01 2020-02-25 4 G 0 3000 0 D 0 D Common Stock, par value $0.01 2020-02-25 4 G 0 3000 0 A 3000 I By The Burt Family Trust - 1993 LTIP Units 2020-02-25 4 C 0 3000 0.25 D Common Stock, par value $0.01 3000.0 9169 D Common OP Units 2020-02-25 4 C 0 3000 A Common Stock, par value $0.01 3000.0 3000 D Common OP Units 2020-02-25 4 C 0 3000 D Common Stock, par value $0.01 3000.0 0 D 3,000 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 LTIP Units in BPLP, of which the Issuer is the general partner, 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 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 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 the 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 redemption for one share of Common Stock. Common OP Units have no expiration date. /s/ Kelli A. DiLuglio, as Attorney-in-Fact 2020-02-26