SEC Form 4 · accession 0001209191-16-087943
BioMed Realty L P
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary A Kreitzer
Officer — Exec VP & Assist Sec · Director
Period of report
Dec 30, 2015
Accepted (ET)
Jan 4, 2016 · 5:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001301932
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Limited Partnership Units | holding | — | — | — | 11,309 | I | By SciMed Prop III, Inc. | |
| Limited Partnership Units | holding | — | — | — | 98,406 | I | By SunMar Investments, Inc. | |
| Limited Partnership Units | holding | — | — | — | 80,000 | I | By Ventanas Del Mar, L.P. | |
| Limited Partnership Units | holding | — | — | — | 642,528 | D |
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 | — | Dec 30, 2015 | D | 45,000 | D | — | — | Limited Partnership Units | 45,000 | 35,879 | 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.
- F4The LTIP Units were canceled by mutual agreement of the reporting person and the Company. The reporting person received $1,068,750 as consideration for the cancellation.