BXP, Inc. — Director's Dealing 2011

Mar 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOSTON PROPERTIES INC (BXP)
CIK: 0001037540
Period of Report: 2011-02-28

Reporting Person: LINDE DOUGLAS T (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-28	Common Stock, par value $.01	M	40000	$32.62	Acquired	70086.7471	Direct
2011-02-28	Common Stock, par value $.01	S	40000	$95.056	Disposed	30086.7471	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-28	Employee Stock Option (right to buy)	$32.62	M	40000	Disposed	2012-01-17	Common Stock (40000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.01	700	Indirect
Common Stock, par value $.01	700	Indirect
Common Stock, par value $.01	2100	Indirect

Footnotes

F1: Represents the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $94.8219 to $95.4, inclusive. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F2: The option vested in three equal annual installments beginning on January 17, 2003.