0001246991-21-000131.txt : 20210217
0001246991-21-000131.hdr.sgml : 20210217
20210217152645
ACCESSION NUMBER: 0001246991-21-000131
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210212
FILED AS OF DATE: 20210217
DATE AS OF CHANGE: 20210217
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: THOMAS OWEN D
CENTRAL INDEX KEY: 0001339081
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50209
FILM NUMBER: 21644364
MAIL ADDRESS:
STREET 1: 599 LEXINGTON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BOSTON PROPERTIES LTD PARTNERSHIP
CENTRAL INDEX KEY: 0001043121
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
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_161359358785902.xml
FORM 4
X0306
4
2021-02-12
0
0001043121
BOSTON PROPERTIES LTD PARTNERSHIP
N/A
0001339081
THOMAS OWEN D
BOSTON PROPERTIES, INC.
599 LEXINGTON AVENUE
NEW YORK
NY
10022
1
1
0
0
Chief Executive Officer of GP
LTIP Units
2021-02-12
4
A
0
16800
0.25
A
Common OP Units
16800.0
393903
D
Represents units of limited partnership interest in the Issuer earned (i.e., for which the performance-based hurdles have been met) pursuant to Boston Properties, Inc.'s ("BPI's"), the Issuer's sole general partner's, 2018 Multi-Year Long-Term Incentive Program (the "Program").
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 unit of limited partnership interest in the Issuer ("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 Common Stock of BPI, except that BPI may, at its election, acquire each Common OP Unit so presented for one share of BPI's Common Stock. LTIP Units have no expiration date.
The 16,800 LTIP Units earned pursuant to the Program vested 50% upon being earned and 50% will vest on February 5, 2022.
/s/ Kelli A. DiLuglio, as Attorney-in-Fact
2021-02-17