Filing Details

Accession Number:
0001246991-16-000516
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-18 15:42:56
Reporting Period:
2016-08-17
Filing Date:
2016-08-18
Accepted Time:
2016-08-18 15:42:56
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
1595258 Francis John Powers Boston Properties, Inc.
599 Lexington Avenue
New York NY 10022
Executive 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 $0.01 Disposition 2016-08-17 10,000 $141.90 274 No 4 S Direct
Depositary Shares Of Series B Preferred Stock Acquisiton 2016-08-17 7,272 $26.00 7,272 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.01 2,685 Indirect by trust
Footnotes
  1. Represents the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $141.90 to $141.935 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.
  2. Includes an aggregate of 274.19 shares which the Reporting Person acquired in January 2015, July 2015 and July 2016 pursuant to the Boston Properties, Inc. 1999 Non-Qualified Employee Stock Purchase Plan.
  3. Complete Title of Security: Depositary Shares Each Representing 1/100th of a Share of 5.25% Series B Cumulative Redeemable Preferred Stock, par value $.01 per share (the "Series B Preferred Stock"). The Issuer pays cumulative cash dividends on the Series B Preferred Stock at a fixed rate of 5.25% per annum of the liquidation preference per share of the Series B Preferred Stock (equivalent to a fixed annual amount of $1.3125 per Depositary Share). The Depositary Shares are not redeemable by the holders thereof, have no maturity date, are not convertible into or exchangeable for any other property or any security of the Issuer or any of its affiliates, and generally have no voting rights.
  4. Represents the weighted average purchase price per share. These shares were purchased in multiple transactions at purchase prices ranging from $25.94 to $26.00 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 purchased at each separate price.