SEC Form 4 · accession 0001104659-15-016312
BOSTON SCIENTIFIC CORP · BSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P. Phalen
Officer — EVP & President, MedSurg
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 5:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000885725
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 27, 2015 | M | 6,369 | $0.00 | A | 135,457 | D | |
| Common StockF1,F2 | Feb 27, 2015 | M | 3,981 | $0.00 | A | 139,438 | D | |
| Common StockF2 | Feb 27, 2015 | F | 4,876 | $16.90 | D | 134,562 | D | |
| Common StockF1,F2 | Feb 28, 2015 | M | 8,379 | $0.00 | A | 142,941 | D | |
| Common StockF1,F2 | Feb 28, 2015 | M | 5,412 | $0.00 | A | 148,353 | D | |
| Common StockF2 | Feb 28, 2015 | F | 6,497 | $16.90 | D | 141,856 | D | |
| Common StockF3 | holding | — | — | — | 2,433 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF5,F1,F4 | — | Feb 27, 2015 | M | 3,981 | D | — | — | Common Stock | 3,981 | 57,520 | D |
| Deferred Stock UnitsF5,F1,F6 | — | Feb 27, 2015 | M | 6,369 | D | — | — | Common Stock | 6,369 | 51,151 | D |
| Deferred Stock UnitsF5,F1,F7 | — | Feb 28, 2015 | M | 5,412 | D | — | — | Common Stock | 5,412 | 45,739 | D |
| Deferred Stock UnitsF5,F1,F8 | — | Feb 28, 2015 | M | 8,379 | D | — | — | Common Stock | 8,379 | 37,360 | D |
Explanation of responses
- F1Each deferred stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- F2Includes shares acquired under the Boston Scientific Global Employee Stock Purchase Plan based upon the most current data available.
- F3Balance reflects the most current data available with regard to share holdings through the Boston Scientific Common Stock Fund under the Company's 401(k) Retirement Savings Plan.
- F4Shares of common stock will be issued to the reporting person in three equal annual installments beginning on February 27, 2013, the first anniversary of the date of grant.
- F5Reflects multiple DSU awards with independent vesting schedules.
- F6Shares of common stock will be issued to the reporting person in five equal annual installments beginning on February 27, 2013, the first anniversary of the date of grant.
- F7Shares of common stock will be issued to the reporting person in five equal annual installments beginning on February 28, 2014, the first anniversary of the date of grant.
- F8Shares of common stock will be issued to the reporting person in five equal annual installments beginning on February 28, 2012, the first anniversary of the date of grant.