0001246991-24-000010.txt : 20240102 0001246991-24-000010.hdr.sgml : 20240102 20240102144903 ACCESSION NUMBER: 0001246991-24-000010 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240102 DATE AS OF CHANGE: 20240102 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KIPP MARY E CENTRAL INDEX KEY: 0001478538 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13087 FILM NUMBER: 24501987 MAIL ADDRESS: STREET 1: 100 N STANTON CITY: EL PASO STATE: TX ZIP: 79901 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BOSTON PROPERTIES INC CENTRAL INDEX KEY: 0001037540 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction 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 wk-form4_1704224934.xml FORM 4 X0508 4 2023-12-31 0 0001037540 BOSTON PROPERTIES INC BXP 0001478538 KIPP MARY E 800 BOYLSTON STREET SUITE 1900 BOSTON MA 02199 1 0 0 0 0 Phantom Stock Units 2023-12-31 4 A 0 463.16 70.17 A Common Stock, par value $0.01 463.16 3501.01 D The Phantom Stock Units convert to Boston Properties, Inc. common stock on a 1-for-1 basis. The Phantom Stock Units are awarded under the Boston Properties, Inc. ("BXP") 2021 Stock Incentive Plan to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of BXP common stock (except that fractional units, if any, will be settled in cash) in a lump sum or in ten annual installments, at the reporting person's election, following the reporting person's retirement from the BXP Board of Directors. In addition, non-employee directors who elect a deferred payout following their retirement may make one or more elections to convert a portion (but only in 25% increments) of their notional investment from BXP common stock to a deemed investment in one or more measurement funds. These elections may only be made after the director's service on the BXP Board of Directors ends. Amounts notionally invested in measurement funds will be settled in cash instead of BXP common stock. Includes 54.58 Phantom Stock Units received pursuant to dividend equivalent rights which were credited to the reporting person on October 31, 2023. Kelli A DiLuglio, as Attorney-in-Fact 2024-01-02