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BXP, Inc. — Director's Dealing 2017
Jan 4, 2017
30463_dirs_2017-01-04_e5812f11-6ee8-436c-a003-a8ca852b70ba.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BOSTON PROPERTIES INC (BXP)
CIK: 0001037540
Period of Report: 2016-12-31
Reporting Person: PATRICOF ALAN J (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-31 | Phantom Stock Units | $ | A | 193.79 | Acquired | Common Stock, par value $0.01 (193.79) | Direct |
Footnotes
F1: The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.
F2: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and 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 Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.
F3: Includes Phantom Stock Units received pursuant to dividend equivalent rights which were credited to the Reporting Person when and as dividends were paid on the Issuer's Common Stock.