0001246991-24-000216.txt : 20240401 0001246991-24-000216.hdr.sgml : 20240401 20240401152320 ACCESSION NUMBER: 0001246991-24-000216 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240401 DATE AS OF CHANGE: 20240401 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LUSTIG MATTHEW J CENTRAL INDEX KEY: 0001203367 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13087 FILM NUMBER: 24808645 MAIL ADDRESS: STREET 1: LAZARD FRERES & CO LLC STREET 2: 30 ROCKEFELLER PLZA 50TH FL CITY: NEW YORK STATE: NY ZIP: 10020 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_1711999389.xml FORM 4 X0508 4 2024-03-31 0 0001037540 BOSTON PROPERTIES INC BXP 0001203367 LUSTIG MATTHEW J C/O LAZARD FRERES & CO LLC 30 ROCKEFELLER PLAZA NEW YORK NY 10020 1 0 0 0 0 Phantom Stock Units 2024-03-31 4 A 0 459.35 65.31 A Common Stock, par value $0.01 459.35 15399.37 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 206.27 Phantom Stock Units received pursuant to dividend equivalent rights which were credited to the Reporting Person on January 30, 2024. /s/ Kelli A. DiLuglio, as Attorney-in-Fact 2024-04-01