Form Type: 4

SEC EDGAR Link
Accession Number:0001246991-19-000195
Date:2019-12-10
Issuer: BOSTON PROPERTIES INC (BXP)
Original Submission Date:

Reporting Person:

RITCHEY RAYMOND A
C/O BOSTON PROPERTIES, INC.
2200 PENNSYLVANIA AVENUE, NW WASHINGTON, DC 20037

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK, PAR VALUE $0.01 2019-12-10 C 36,105 a $0.00 36,105 direct
COMMON STOCK, PAR VALUE $0.01 2019-12-11 S 8,043 d $137.23 28,062 direct
COMMON STOCK, PAR VALUE $0.01 2019-12-11 S 14,973 d $138.08 13,089 direct
COMMON STOCK, PAR VALUE $0.01 2019-12-11 S 4,200 d $139.30 8,889 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
LTIP UNITS 0.0 2019-12-10 deemed execution date C 36,105 (d) common stock, par value $0.01 36,105 $0.00 173,869 direct
COMMON OP UNITS 0.0 2019-12-10 deemed execution date C 36,105 (a) common stock, par value $0.01 36,105 $0.00 135,410 direct
COMMON OP UNITS 0.0 2019-12-10 deemed execution date C 36,105 (d) common stock, par value $0.01 36,105 $0.00 99,305 direct
COMMON OP UNITS 0.0 deemed execution date 0 ( ) common stock, par value $0.01 31,265 $0.00 31,265 indirect by the raymond a. ritchey 2008 family trust
COMMON OP UNITS 0.0 deemed execution date 0 ( ) common stock, par value $0.01 35,600 $0.00 35,600 indirect by rar/bp llc
Footnotes
IDfootnote
f1 36,105 of the reporting person's units of limited partnership interest ("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 redeemed 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 $136.74 to $137.715, 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 the weighted average sale price. these shares were sold in multiple transactions at sale prices ranging from $137.75 to $138.65, 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.
f4 represents the weighted average sale price. these shares were sold in multiple transactions at sale prices ranging from $139.00 to $139.67, 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.
f5 represents ltip units in bplp, of which the issuer is the general partner, 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. 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.
f6 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 it's election, acquire each common op unit so presented for redemption for one share of common stock. common op units have no expiration date.

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