SEC Form 4 · accession 0001225208-15-000102
BOSTON SCIENTIFIC CORP · BSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jean Fitterer Lance
Officer — SVP, Asst GC, Bus & Regions
Period of report
Jan 1, 2015
Accepted (ET)
Jan 2, 2015 · 4:49 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 | Nov 28, 2014 | G | 200 | $0.00 | D | 97,304 | D | |
| Common StockF2,F1 | Jan 1, 2015 | M | 25,875 | $0.00 | A | 123,179 | D | |
| Common StockF1 | Jan 1, 2015 | F | 9,051 | $13.25 | D | 114,128 | D | |
| Common StockF3 | holding | — | — | — | 8,516 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF2,F4 | — | Jan 1, 2015 | M | 25,875 | D | Dec 31, 2014 | Dec 31, 2014 | Common Stock | 25,875 | 0 | D |
Explanation of responses
- F1Includes shares acquired under the Boston Scientific Global Employee Stock Purchase Plan based upon the most current data available.
- F2On February 27, 2012, the reporting person was awarded a target number of performance share units under the Company's 2012 Free Cash Flow Performance Share Program, the actual number of which to be earned by the reporting person based on the Company's 2012 adjusted free cash flow measured against its 2012 financial plan over the one-year performance period ending December 31, 2012 and subject to the completion of a three-year individual service period (inclusive of the performance period). On February 28, 2013, the number of the target performance share units as to which the performance criteria had been satisfied was determined. The performance share units so determined vested in whole upon the completion of the individual service period that ended on December 31, 2014.
- F3Balance reflects the most current data available with regard to share holdings in the Company's 401(k) Retirement Savings Plan.
- F4Each performance share unit represented the Company's commitment to issue one share of Boston Scientific common stock.