BXP, Inc. — Director's Dealing 2020

Feb 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOSTON PROPERTIES INC (BXP)
CIK: 0001037540
Period of Report: 2020-02-13

Reporting Person: RITCHEY RAYMOND A (Senior EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-13	Common Stock, par value $0.01	C	35600	—	Acquired	35600	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-13	Common OP Units	$	C	35600	Disposed		Common Stock, par value $0.01 (35600.0)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common OP Units	$		Common Stock, par value $0.01 (31265.0)	31265	Indirect
Common OP Units	$		Common Stock, par value $0.01 (99305.0)	99305	Direct

Footnotes

F1: RAR/BP LLC redeemed 35,600 common units of limited partnership ("Common OP Units") in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the sole general partner, for an equal number of shares of the Issuer's common stock in accordance with BPLP's partnership agreement.

F2: Represents Common OP Units in BPLP. Each Common OP Unit may be presented for redemption, 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 it's election, acquire each Common OP Unit so presented for redemption for one share of Common Stock. Common OP Units have no expiration date.