Form 4 for BXP BXP, Inc.
Accepted 2024-03-06 00:00:00 ET · period of report 2024-03-04 · accession 0001246991-24-000205 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-03-06 | 2024-03-06 | BXP | RITCHEY RAYMOND A | Senior EVP | C - Cnv Deriv | — | +14.2K | 14.2K | New | — |
| D | 2024-03-06 | 2024-03-04 | BXP | RITCHEY RAYMOND A | Senior EVP | C - Cnv Deriv | — | +14.2K | 14.2K | New | — |
| DM | 2024-03-06 | 2024-03-04 | BXP | RITCHEY RAYMOND A | Senior EVP | C - Cnv Deriv | $0.25 | -14.2K | 88.8K | -14% | -$3,538 |
| DI | 2024-03-06 | 2024-03-06 | BXP | RITCHEY RAYMOND A | Senior EVP | C - Cnv Deriv | — | -14.2K | 17.1K | -45% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.01 | 2024-03-06 | C | A | 14,150 | — | 14,150 | I By The Raymond A. Ritchey 2008 Family Trust | — | — | (F2) The Raymond A. Ritchey 2008 Family Trust redeemed 14,150 Common OP Units in BPLP for an equal number of shares of the Issuer's Common Stock in accordance with BPLP's Partnership Agreement. |
| 2 | Common | Common Stock, par value $0.01 | 2024-03-04 | C | A | 14,150 | — | 14,150 | D | — | — | (F1) 14,150 of the reporting person's units of limited partnership interest ("LTIP Units") in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, were converted into common units of limited partnership interest ("Common OP Units") in BPLP by the reporting person and the Common OP Units were redeemed for an equal number of shares of the Issuer's common stock in accordance with BPLP's Partnership Agreement. |
| 3 | Derivative | LTIP Units | 2024-03-04 | C | D | 14,150 | $0.25 | 156,813 | D By The Raymond A. Ritchey 2008 Family Trust | — · — to — | 14,150 Common Stock, par value $0.01 | (F3) Represents LTIP Units in BPLP issued as long term incentive compensation pursuant to the Issuer's equity based incentive programs. 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 BPLP or the holder, into a 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 the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of the Issuer's Common Stock. LTIP Units have no expiration date. |
| 4 | Derivative | Common OP Units | 2024-03-04 | C | A | 14,150 | — | 102,955 | D | — · — to — | 14,150 Common Stock, par value $0.01 | (F4) Represents Common OP Units in BPLP. Each Common OP Unit may be presented for redemption, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at it's election, acquire each Common OP Unit so presented for redemption for one share of Common Stock. Common OP Units have no expiration date. (F1) 14,150 of the reporting person's units of limited partnership interest ("LTIP Units") in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, were converted into common units of limited partnership interest ("Common OP Units") in BPLP by the reporting person and the Common OP Units were redeemed for an equal number of shares of the Issuer's common stock in accordance with BPLP's Partnership Agreement. |
| 5 | Derivative | Common OP Units | 2024-03-06 | C | D | 14,150 | — | 17,115 | I | — · — to — | 14,150 Common Stock, par value $0.01 | (F4) Represents Common OP Units in BPLP. Each Common OP Unit may be presented for redemption, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at it's election, acquire each Common OP Unit so presented for redemption for one share of Common Stock. Common OP Units have no expiration date. (F2) The Raymond A. Ritchey 2008 Family Trust redeemed 14,150 Common OP Units in BPLP for an equal number of shares of the Issuer's Common Stock in accordance with BPLP's Partnership Agreement. |
| 6 | Derivative | Common OP Units | 2024-03-04 | C | D | 14,150 | — | 88,805 | D | — · — to — | 14,150 Common Stock, par value $0.01 | (F4) Represents Common OP Units in BPLP. Each Common OP Unit may be presented for redemption, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at it's election, acquire each Common OP Unit so presented for redemption for one share of Common Stock. Common OP Units have no expiration date. (F1) 14,150 of the reporting person's units of limited partnership interest ("LTIP Units") in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, were converted into common units of limited partnership interest ("Common OP Units") in BPLP by the reporting person and the Common OP Units were redeemed for an equal number of shares of the Issuer's common stock in accordance with BPLP's Partnership Agreement. |