SEC Form 4 · accession 0001225208-16-028739
BOSTON SCIENTIFIC CORP · BSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J. Brennan
Officer — EVP and CFO
Period of report
Feb 27, 2016
Accepted (ET)
Mar 1, 2016 · 4:22 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 | Feb 27, 2016 | M | 2,588 | $0.00 | A | 151,617 | D | |
| Common Stock | Feb 27, 2016 | F | 1,219 | $17.21 | D | 150,398 | D | |
| Common StockF1 | Feb 28, 2016 | M | 2,792 | $0.00 | A | 153,190 | D | |
| Common StockF1 | Feb 28, 2016 | M | 2,706 | $0.00 | A | 155,896 | D | |
| Common Stock | Feb 28, 2016 | F | 2,591 | $17.21 | D | 153,305 | D |
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 27, 2016 | M | 2,588 | D | — | Feb 27, 2017 | Common Stock | 2,588 | 2,588 | D |
| Deferred Stock UnitsF1,F3 | — | Feb 28, 2016 | M | 2,792 | D | — | Feb 28, 2016 | Common Stock | 2,792 | 0 | D |
| Deferred Stock UnitsF1,F4 | — | Feb 28, 2016 | M | 2,706 | D | — | Feb 28, 2018 | Common Stock | 2,706 | 5,413 | 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 27, 2013, the first anniversary of the date of grant.
- F3Shares 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.
- F4Shares 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.