Mort Zuckerman Sells 406,089 Shares of Boston Properties (BXP)

In a Form 4 filed after the bell today, Boston Properties, Inc. BXP Chairman of the Board, Mort Zuckerman, reported that he exercised and sold 406,089 shares of BXP on August 12th-13th for an average price of $81.46. The exercise price was 36.45. The transaction totaled $3,950,682, netting Mr. Zuckerman a cool $18,276,198. Mr. Zuckerman owns 1,495,042 direct shares of BXP. Source: The Washington Service