0001246991-15-000135.txt : 20150309 0001246991-15-000135.hdr.sgml : 20150309 20150309154404 ACCESSION NUMBER: 0001246991-15-000135 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150305 FILED AS OF DATE: 20150309 DATE AS OF CHANGE: 20150309 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BOSTON PROPERTIES INC CENTRAL INDEX KEY: 0001037540 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 042473675 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 800 BOYLSTON STREET STREET 2: SUITE 1900 CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 6172363300 MAIL ADDRESS: STREET 1: 800 BOYLSTON STREET STREET 2: SUITE 1900 CITY: BOSTON STATE: MA ZIP: 02199 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PESTER ROBERT E CENTRAL INDEX KEY: 0001217108 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13087 FILM NUMBER: 15685038 MAIL ADDRESS: STREET 1: BOSTON PROPERTIES, INC. STREET 2: FOUR EMBARCADERO CENTER CITY: SAN FRANCISCO STATE: CA ZIP: 94111 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2015-03-05 0001037540 BOSTON PROPERTIES INC BXP 0001217108 PESTER ROBERT E C/O BOSTON PROPERTIES, INC. FOUR EMBARCADERO CENTER SAN FRANCISCO CA 94111 0 1 0 0 Senior Vice President Common Stock, par value $.01 2015-03-05 4 M 0 1612 87.70 A 36758.9679 D Common Stock, par value $.01 2015-03-05 4 M 0 1971 101.75 A 38729.9679 D Common Stock, par value $.01 2015-03-05 4 M 0 2326 99.41 A 41055.9679 D Common Stock, par value $.01 2015-03-05 4 S 0 5909 139.386 D 35146.9679 D Employee Stock Option (right to buy) 87.70 2015-03-05 4 M 0 1612 0 D 2021-01-28 Common Stock 1612 0 D Employee Stock Option (right to buy) 101.75 2015-03-05 4 M 0 1971 0 D 2022-02-03 Common Stock 1971 1971 D Employee Stock Option (right to buy) 99.41 2015-03-05 4 M 0 2326 0 D 2023-02-01 Common Stock 2326 4653 D In January 2015, the Issuer paid a special dividend of $4.50 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. Pursuant to the adjustment described in Footnote 1, the number of shares underlying the Reporting Person's options increased by 53 from 1,559 to 1,612 and the per share exercise price was correspondingly decreased. Pursuant to the adjustment described in Footnote 1, the number of shares underlying the Reporting Person's options increased by 131 from 3,811 to 3,942 and the per share exercise price was correspondingly decreased. Pursuant to the adjustment described in Footnote 1, the number of shares underlying the Reporting Person's options increased by 232 from 6,747 to 6,979 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 $139.363 to $139.408 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 vests in four equal annual installments beginning on January 15, 2012. The option vests in four equal annual installments beginning on January 15, 2013. The option vests in four equal annual installments beginning on January 15, 2014. /s/ Kelli A. DiLuglio, as Attorney-in-Fact 2015-03-09