SEC Form 4 · accession 0000899243-16-012397
BioMed Realty L P
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen A Sztraicher
Officer — EVP Asset Management
Period of report
Jan 27, 2016
Accepted (ET)
Jan 29, 2016 · 4:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001301932
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LTIP UnitsF1,F4,F2,F3 | — | Jan 27, 2016 | D | 17,000 | D | — | — | Limited Partnership Units | 17,000 | 0 | D |
Explanation of responses
- F1Profits interest units of BioMed Realty, L.P. (the "Operating Partnership"). The LTIP Units are subject to time-based restrictions.
- F2Upon 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. If such parity is reached, vested LTIP Units convert to common units of the Operating Partnership.
- F3The LTIP Units do not have an expiration date.
- F4In connection with the merger of BRE Edison Acquisition L.P., an affiliate of The Blackstone Group L.P., with and into the Operating Partnership, and the Agreement and Plan of Merger, dated as of October 7, 2015, among BioMed Realty Trust, Inc., the Operating Partnership and affiliates of The Blackstone Group L.P., the Reporting Person received $23.8239 in cash in exchange for each LTIP Unit held by the Reporting Person.