BXP, Inc. — Director's Dealing 2023

Sep 12, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOSTON PROPERTIES INC (BXP)
CIK: 0001037540
Period of Report: 2023-09-11

Reporting Person: Kevorkian Eric G (SVP, CLO and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-09-11	Common Stock, par value $0.01	C	1000	—	Acquired	1994	Direct
2023-09-11	Common Stock, par value $0.01	S	1000	$66.43	Disposed	994	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-09-11	Common OP Units	$	C	1000	Disposed		Common Stock, par value $0.01 (1000.0)	Direct

Footnotes

F1: 1,000 of the reporting person's common units of limited partnership interest ("Common OP Units") in Boston Properties Limited Partnership ("BPLP") were redeemed by the reporting person for an equal number of shares of the Issuer's common stock in accordance with BPLP's Partnership Agreement.

F2: Represents the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $66.40 to $66.44, 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.

F3: 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 fair market value of a share of the Issuer's common stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for redemption for one share of the Issuer's Common Stock. Common OP Units have no expiration date.