0001246991-23-000074.txt : 20230208 0001246991-23-000074.hdr.sgml : 20230208 20230208165949 ACCESSION NUMBER: 0001246991-23-000074 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230207 FILED AS OF DATE: 20230208 DATE AS OF CHANGE: 20230208 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stroman John J CENTRAL INDEX KEY: 0001862860 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13087 FILM NUMBER: 23599882 MAIL ADDRESS: STREET 1: 2200 PENNSYLVANIA AVENUE NW STREET 2: SUITE 200W CITY: WASHINGTON STATE: DC ZIP: 20037 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_167589356594806.xml FORM 4 X0306 4 2023-02-07 0 0001037540 BOSTON PROPERTIES INC BXP 0001862860 Stroman John J 2200 PENNSYLVANIA AVENUE NW SUITE 200W WASHINGTON DC 20037 0 1 0 0 Executive Vice President LTIP Units 2023-02-07 4 A 0 6122 0.25 A Common Stock, par value $0.01 6122.0 34033 D Represents units of limited partnership interest in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, issued as long term incentive compensation ("LTIP Units") 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 in BPLP ("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. The 6,122 LTIP Units vest 100% on January 15, 2027. /s/ Kelli A. DiLuglio, as Attorney-in-Fact 2023-02-08