Home > Insider Trading > Filing (0001246991-10-000153)

Filing Details

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
1217102	T Douglas Linde	C/O Boston Properties, Inc. 800 Boylston Street Boston MA 02199	President	Yes	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	2010-05-27	28,635	$32.62	58,722	No	4	M	Direct
Common Stock, Par Value $.01	Disposition	2010-05-27	28,635	$77.04	30,087	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
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)	Disposition	2010-05-27	28,635	$0.00	28,635	$32.62

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
100,000		2012-01-17	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $.01	700	Indirect	By Spouse
Common Stock, Par Value $.01	700	Indirect	By Trust
Common Stock, Par Value $.01	2,100	Indirect	By Children

Footnotes

In January 2008, the Issuer paid a special dividend of $5.98 per share of common stock to all stockholders of record as of the close of business on December 31, 2007. In connection with these special dividends, the Issuer's Board of Directors adjusted all options that were awarded, but not exercised, prior to the ex-dividend date for each special dividend to account for the effect of each 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 each special dividend. Pursuant to this adjustment, the number of shares underlying Mr. Linde's options increased by 7,555 from 121,080 to 128,635 in December 2007 and the per share exercise price was correspondingly decreased.
Represents the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $76.7513 to $77.17, 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.
The option vested in three equal annual installments beginning on January 17, 2003.