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Filing Details

Accession Number:: 0001246991-12-000215
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-11-28 16:39:32
Reporting Period:: 2012-11-26

Filing Date:: 2012-11-28
Accepted Time:: 2012-11-28 16:39:32
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1037540	Boston Properties Inc	BXP	Real Estate Investment Trusts (6798)	042473675

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1219153	A Raymond Ritchey	C/O Boston Properties, Inc. 2200 Pennsylvania Avenue, Nw Washington DC 20037	Executive Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $.01	Acquisiton	2012-11-26	19,881	$0.00	42,491	No	4	C	Direct
Common Stock, Par Value $.01	Acquisiton	2012-11-26	4,901	$0.00	47,392	No	4	C	Direct
Common Stock, Par Value $.01	Acquisiton	2012-11-26	32,000	$0.00	61,718	No	4	C	Indirect	by Langley Lane LP
Common Stock, Par Value $.01	Acquisiton	2012-11-26	60,293	$0.00	60,293	No	4	C	Indirect	by Ritchey, LLC
Common Stock, Par Value $.01	Disposition	2012-11-27	17,484	$101.45	29,908	No	4	S	Direct
Common Stock, Par Value $.01	Disposition	2012-11-27	7,298	$102.66	22,610	No	4	S	Direct
Common Stock, Par Value $.01	Disposition	2012-11-27	22,577	$101.45	39,141	No	4	S	Indirect	by Langley Lane LP
Common Stock, Par Value $.01	Disposition	2012-11-27	9,423	$102.66	29,718	No	4	S	Indirect	by Langley Lane LP
Common Stock, Par Value $.01	Disposition	2012-11-27	42,539	$101.45	17,754	No	4	S	Indirect	by Ritchey, LLC
Common Stock, Par Value $.01	Disposition	2012-11-27	17,754	$102.66	0	No	4	S	Indirect	by Ritchey, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	C	Direct
No	4	C	Indirect	by Langley Lane LP
No	4	C	Indirect	by Ritchey, LLC
No	4	S	Direct
No	4	S	Direct
No	4	S	Indirect	by Langley Lane LP
No	4	S	Indirect	by Langley Lane LP
No	4	S	Indirect	by Ritchey, LLC
No	4	S	Indirect	by Ritchey, LLC

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Op Units	LTIP Units	Disposition	2012-11-26	19,881	$0.25	19,881	$0.00
Common Stock	Common OP Units	Acquisiton	2012-11-26	19,881	$0.00	19,881	$0.00
Common Stock	Common OP Units	Disposition	2012-11-26	19,881	$0.00	19,881	$0.00
Common Stock	Common OP Units	Disposition	2012-11-26	4,901	$0.00	4,901	$0.00
Common Stock	Common OP Units	Disposition	2012-11-26	32,000	$0.00	32,000	$0.00
Common Stock	Common OP Units	Disposition	2012-11-26	60,293	$0.00	60,293	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
36,105	No	4	C	Direct
178,542	No	4	C	Direct
158,661	No	4	C	Direct
153,760	No	4	C	Direct
0	No	4	C	Indirect
7,317	No	4	C	Indirect

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Common OP Units	$0.00			35,600	35,600	Indirect
Common Stock	Common OP Units	$0.00			89,493	89,493	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	35,600	35,600	Indirect
	89,493	89,493	Indirect

Footnotes

19,881 of the Reporting Person's units of limited partnership (LTIP Units) in Boston Properties Limited Partnership (BPLP), of which the Issuer is the sole general partner, were converted into common units of limited partnership interest (Common OP Units) in BPLP by the Reporting Person and the Common OP Units were immediately redeemed for an equal number of shares of the Issuer's Common Stock in accordance with BPLP's Partnership Agreement.
The Reporting Person redeemed 4,901 Common OP Units in BPLP for an equal number of shares of the Issuer's Common Stock in accordance with BPLP's Partnership Agreement.
Langley Lane LP redeemed 32,000 Common OP Units in BPLP for an equal number of shares of the Issuer's Common Stock in accordance with BPLP's Partnership Agreement. The Reporting Person disclaims beneficial ownership of the Issuer's Common Stock and Common OP Units in BPLP except to the extent of his pecuniary interest therein.
Ritchey, LLC redeemed 60,293 Common OP Units in BPLP for an equal number of shares of the Issuer's Common Stock in accordance with BPLP's Partnership Agreement.
Represents units of limited partnership interest in BPLP, issued as long term incentive compensation pursuant to the Issuer's equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a Common OP Unit in BPLP. Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then 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 one share of Common Stock. LTIP Units have no expiration date.
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 its election, acquire each Common OP Unit so presented for redemption for one share of Common Stock. Common OP Units have no expiration date.
Represents the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $101.13 to $102.02, 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.
Represents the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $102.29 to $102.94, 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.