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BXP, Inc. — Director's Dealing 2011
Aug 24, 2011
30463_dirs_2011-08-24_f117bcd9-5d28-47b4-967d-986a5a8da773.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BOSTON PROPERTIES INC (BXP)
CIK: 0001037540
Period of Report: 2011-08-22
Reporting Person: FLASHMAN ARTHUR (Vice President - Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-08-22 | Common Stock, par value $.01 | C | 3266 | — | Acquired | 4636 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-08-22 | Common OP Units | $ | C | 3266 | Disposed | Common Stock (3266) | Direct |
Footnotes
F1: The Reporting Person redeemed 3,266 units of limited partnership interest of Boston Properties Limited Partnership ("Common OP Units"), of which the Issuer is the general partner. Each Common OP Unit may be redeemed, 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 its election, acquire the Common OP Unit presented for redemption for one share of Common Stock. The Issuer elected to redeem the Reporting Person's Common OP Units with Common Stock. Common OP Units have no expiration date.