-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BzskI94m0oA0W95gp5MAQib0ycAUeBfqR168Q3Ed8sJsII6emmfZtOrErWiw+rEw wJFIouYw7McOMCFwjayVFw== 0001246991-10-000228.txt : 20101124 0001246991-10-000228.hdr.sgml : 20101124 20101124135703 ACCESSION NUMBER: 0001246991-10-000228 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101123 FILED AS OF DATE: 20101124 DATE AS OF CHANGE: 20101124 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SELSAM ROBERT E CENTRAL INDEX KEY: 0001217110 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13087 FILM NUMBER: 101214425 MAIL ADDRESS: STREET 1: BOSTON PROPERTIES, INC. STREET 2: 599 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 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 4 1 edgar.xml PRIMARY DOCUMENT X0303 4 2010-11-23 0001037540 BOSTON PROPERTIES INC BXP 0001217110 SELSAM ROBERT E C/O BOSTON PROPERTIES, INC. 599 LEXINGTON AVENUE NEW YORK NY 10022 0 1 0 0 Senior Vice President Common Stock, par value $.01 2010-11-23 4 M 0 20000 32.62 A 41030.4279 D Common Stock, par value $.01 2010-11-23 4 S 0 20000 83.2168 D 21030.4279 D Common Stock, par value $.01 800 I By child Employee Stock Option (right to buy) 32.62 2010-11-23 4 M 0 20000 0 D 2012-01-17 Common Stock 20000 53699 D In (1) October 2005, the issuer paid a special dividend of $2.50 per share of common stock to all stockholders of record as of the close of business on September 30, 2005; (2) January 2007, the issuer paid a special dividend of $5.40 per share of common stock to all stockholders of record as of the close of business on December 29, 2006 and (3) 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 the adjustments described in Footnote 1, the number of shares underlying Mr. Selsam's options increased by 2,303 from 63,750 to 66,053 in September 2005; by 3,318 from 66,053 to 69,371 in December 2006 and by 4,328 from 69,371 to 73,699 in December 2007 and the per share exercise price was correspondingly decreased. Includes 12.3384 shares which the Reporting Person acquired in November 2010 pursuant to the Boston Properties, Inc. Dividend Reinvestment and Stock Purchase Plan. Represents the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $83.1009 to $83.43, 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. /s/ Kelli A. DiLuglio, Attorney-in-Fact 2010-11-24 -----END PRIVACY-ENHANCED MESSAGE-----