SEC Form 4 · accession 0001246991-15-000207
BOSTON PROPERTIES LTD PARTNERSHIP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond A Ritchey
Officer — Executive Vice President of GP
Period of report
Jun 3, 2015
Accepted (ET)
Jun 3, 2015 · 3:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001043121
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common OP UnitsF1,F3,F4 | Jun 3, 2015 | C | 50,000 | — | D | 155,077 | D | |
| Common OP UnitsF1,F3 | holding | — | — | — | 0 | I | by Ritchey, LLC | |
| Common OP UnitsF1,F4 | holding | — | — | — | 45,493 | I | by RAR Ritchey, LLC | |
| Common OP UnitsF1 | holding | — | — | — | 35,600 | I | by RAR/BP LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents common units of limited partnership interest (Common OP Units) in the Issuer. Each Common OP 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 Boston Properties, Inc. (BPI), the Issuer's sole general partner, except that BPI may, at its election, acquire each Common OP Unit so presented for redemption for one share of Common Stock of BPI. Common OP Units have no expiration date.
- F250,000 of the Reporting Person's Common OP Units in the Issuer were redeemed for an equal number of shares of Common Stock of BPI, in accordance with the terms of the Issuer's Partnership Agreement.
- F3Reflects the distribution of 7,317 Common OP Units previously owned indirectly by Ritchey, LLC to the Reporting Person as part of an annual annuity payment on May 5, 2014. The Reporting Person is the sole member and manager of Ritchey, LLC, which is owned by a grantor retained annuity trust of which the Reporting Person is the sole trustee and beneficiary.
- F4Reflects the distribution of 15,000 Common OP Units previously owned indirectly by RAR Ritchey, LLC to the Reporting Person as part of an annual annuity payment on December 10, 2014. The Reporting Person is the sole member and manager of RAR Ritchey, LLC, which is owned by a grantor retained annuity trust of which the Reporting Person is the sole trustee and beneficiary.