0001246991-22-000133.txt : 20220217
0001246991-22-000133.hdr.sgml : 20220217
20220217175114
ACCESSION NUMBER: 0001246991-22-000133
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220215
FILED AS OF DATE: 20220217
DATE AS OF CHANGE: 20220217
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PESTER ROBERT E
CENTRAL INDEX KEY: 0001217108
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50209
FILM NUMBER: 22649782
MAIL ADDRESS:
STREET 1: BOSTON PROPERTIES, INC.
STREET 2: FOUR EMBARCADERO CENTER
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
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_164513825553255.xml
FORM 4
X0306
4
2022-02-15
0
0001043121
BOSTON PROPERTIES LTD PARTNERSHIP
N/A
0001217108
PESTER ROBERT E
C/O BOSTON PROPERTIES, INC.
FOUR EMBARCADERO CENTER
SAN FRANCISCO
CA
94111
0
1
0
0
Executive Vice President of GP
LTIP Units
2022-02-15
4
A
0
3048
0.25
A
Common OP Units
3048.0
71346
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 ("BXP's"), the Issuer's sole general partner's, 2019 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 Issuer or 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 BXP, except that BXP may, at its election, acquire each Common OP Unit so presented for one share of BXP's Common Stock. LTIP Units have no expiration date.
The 3,048 LTIP Units earned pursuant to the Program vested 50% upon being earned and 50% will vest on February 4, 2023.
/s/ Kelli A. DiLuglio, as Attorney-in-Fact
2022-02-17