BXP, Inc. — Director's Dealing 2012

Mar 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOSTON PROPERTIES INC (BXP)
CIK: 0001037540
Period of Report: 2012-03-12

Reporting Person: TURCHIN MARTIN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-12	Common Stock, par value $.01	M	2779	$34.14	Acquired	6475	Direct
2012-03-12	Common Stock, par value $.01	S	2779	$102.4828	Disposed	3696	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-12	Employee Stock Option (right to buy)	$34.14	M	2779	Disposed	2012-05-08	Common Stock (2779)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.01	500	Indirect
Common Stock, par value $.01	500	Indirect

Footnotes

F1: The option vested in two equal annual installments beginning on May 8, 2003.

F2: Represents the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $102.40 to $102.61, 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.