Filing Details

Accession Number:
0001246991-14-000110
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-16 16:17:54
Reporting Period:
2014-05-15
Filing Date:
2014-05-16
Accepted Time:
2014-05-16 16:17:54
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
1217108 E Robert Pester C/O Boston Properties, Inc.
Four Embarcadero Center
San Francisco CA 94111
Senior Vice President No Yes No No
Reported Non-Derivative Transactions
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 2014-05-15 4,675 $90.71 37,475 No 4 M Direct
Common Stock, Par Value $.01 Acquisiton 2014-05-15 3,811 $105.25 41,286 No 4 M Direct
Common Stock, Par Value $.01 Acquisiton 2014-05-15 2,248 $102.83 43,534 No 4 M Direct
Common Stock, Par Value $.01 Disposition 2014-05-15 10,734 $118.48 32,800 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Acquisiton 2015-05-15 4,675 $0.00 4,675 $90.71
Common Stock Employee Stock Option (right to buy) Acquisiton 2015-05-15 3,811 $0.00 3,811 $105.25
Common Stock Employee Stock Option (right to buy) Acquisiton 2015-05-15 2,248 $0.00 2,248 $102.83
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,559 2021-01-28 No 4 M Direct
3,811 2022-02-03 No 4 M Direct
6,747 2023-02-01 No 4 M Direct
Footnotes
  1. In January 2014, the Issuer paid a special dividend of $2.25 per share of Common Stock to all stockholders of record as of the close of business on December 31, 2014. In connection with this special dividend, the Issuer's Board of Directors adjusted all options that were awarded, but not exercised, prior to the ex-dividend date for the special dividend to account for the effect of the special dividend. The number of shares subject to each such option was increased and the exercise price correspondingly decreased such that each option had the same fair value to the holder before and after giving effect to the payment of the special dividend.
  2. Pursuant to the adjustment described in Footnote 1, the number of shares underlying the Reporting Person's options increased by 134 from 6,100 to 6,234 and the per share exercise price was correspondingly decreased.
  3. Pursuant to the adjustment described in Footnote 1, the number of shares underlying the Reporting Person's options increased by 164 from 7,458 to 7,622 and the per share exercise price was correspondingly decreased.
  4. Pursuant to the adjustment described in Footnote 1, the number of shares underlying the Reporting Person's options increased by 194 from 8,801 to 8,995 and the per share exercise price was correspondingly decreased.
  5. The options vests in four equal annual installments beginning on January 15, 2012.
  6. The options vests in four equal annual installments beginning on January 15, 2013.
  7. The options vests in four equal annual installments beginning on January 15, 2014.