X0306 4 2016-06-30 0001037540 BOSTON PROPERTIES INC BXP 0001198848 DYKSTRA KAREN E 800 BOYLSTON STREET BOSTON MA 02199 1 0 0 0 Phantom Stock Units 2016-06-30 4 A 0 74.56 131.90 A Common Stock 74.56 74.56 D The Phantom Stock Units convert to Common Stock on a 1-for-1 basis. The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors. /s/ Kelli A. DiLuglio, as Attorney-in-Fact 2016-07-05