SEC Form 4 · accession 0001209191-15-034376

BioMed Realty Trust Inc · BMR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Alan D Gold

Officer — Chairman, President and CEO · Director

Period of report

Apr 15, 2015

Accepted (ET)

Apr 15, 2015 · 5:32 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001289236

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Apr 15, 2015	C	7,250	—	A	483,120	D
Common Stock	Apr 15, 2015	G	7,250	$0.00	D	475,870	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
LTIP Units^F5,F1,F6	—	Apr 15, 2015	C	7,250	D	—	—	Common Stock	7,250	65,450	D
Limited Partnership Units^F3,F4	—	holding	—	—	—	Oct 1, 2005	—	Common Stock	17,144	17,144	I
Limited Partnership Units^F3,F4	—	holding	—	—	—	Oct 1, 2005	—	Common Stock	161,894	161,894	I
Limited Partnership Units^F3,F4	—	holding	—	—	—	Oct 1, 2005	—	Common Stock	928,098	928,098	D
Limited Partnership Units^F7,F3,F4	—	holding	—	—	—	Oct 1, 2005	—	Common Stock	56,822	56,822	I
Limited Partnership Units^F7,F3,F4	—	holding	—	—	—	Oct 1, 2005	—	Common Stock	56,822	56,822	I

Explanation of responses

F1The reporting person redeemed 7,250 LTIP Units of BioMed Realty, L.P. (the "Operating Partnership"), which BioMed Realty Trust, Inc. (the "Company") elected to redeem in shares of common stock of the Company. Upon the occurrence of certain "triggering events," the LTIP Units can over time achieve full parity with common units of the Operating Partnership for all purposes, and therefore accrete to an economic value equivalent to one share of common stock of the Company on a one-for-one basis. If such parity is reached, vested LTIP Units convert to common units of the Operating Partnership and then may be redeemed for cash in an amount equal to the then fair value of an equal number of shares of common stock or converted into an equal number of shares of common stock, as determined by the Company.
F2Represents gift of shares to charity.
F3Limited Partnership Units in the Operating Partnership. Limited Partnership Units are redeemable for cash based upon the fair market value of an equivalent number of shares of common stock of the Company, or, at the election of the Company, shares of the Company's common stock on a 1-for-1 basis.
F4The Limited Partnership Units have no expiration date.
F5Profits interest units of the Operating Partnership. The LTIP Units are subject to time-based restrictions.
F6The LTIP Units do not have an expiration date.
F7An irrevocable trust of which a family member of the reporting person is a trustee and of which one of the reporting person's adult children is the sole beneficiary.