SEC Form 4 · accession 0001225208-15-005743
BOSTON SCIENTIFIC CORP · BSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Bradley Sorenson
Officer — SVP, Glob Ops & Qual
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000885725
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2 | — | Feb 23, 2015 | A | 7,664 | A | — | Feb 23, 2020 | Common Stock | 7,664 | 7,664 | D |
| Stock Option (Right to Buy)F3 | $16.31 | Feb 23, 2015 | A | 21,551 | A | — | Feb 23, 2025 | Common Stock | 21,551 | 21,551 | D |
Explanation of responses
- F1Each deferred stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- F2Shares of common stock will be issued to the reporting person in five equal annual installments beginning on February 23, 2016, the first anniversary of the date of grant.
- F3Grant to the reporting person of an option to purchase a specified number of shares of common stock vesting in four equal annual installments beginning on February 23, 2016, the first anniversary of the date of grant.