SEC Form 4 · accession 0001225208-16-028753
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, 2016
Accepted (ET)
Mar 1, 2016 · 4:32 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, 2016 | M | 6,370 | $0.00 | A | 97,498 | D | |
| Common StockF2 | Feb 27, 2016 | F | 3,001 | $17.21 | D | 94,497 | D | |
| Common StockF1,F2 | Feb 28, 2016 | M | 8,381 | $0.00 | A | 102,878 | D | |
| Common StockF1,F2 | Feb 28, 2016 | M | 5,413 | $0.00 | A | 108,291 | D | |
| Common StockF2 | Feb 28, 2016 | F | 6,498 | $17.21 | D | 101,793 | D | |
| Common StockF2 | Feb 29, 2016 | S | 1,819 | $17.1918 | D | 99,974 | D | |
| Common StockF4 | holding | — | — | — | 2,429 | 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 UnitsF6,F1,F5 | — | Feb 27, 2016 | M | 6,370 | D | — | — | Common Stock | 6,370 | 30,990 | D |
| Deferred Stock UnitsF6,F1,F7 | — | Feb 28, 2016 | M | 5,413 | D | — | — | Common Stock | 5,413 | 25,577 | D |
| Deferred Stock UnitsF6,F1,F8 | — | Feb 28, 2016 | M | 8,381 | D | — | — | Common Stock | 8,381 | 17,196 | 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.
- F3This transaction was effected pursuant to a pre-established Rule 10b5-1 trading plan.
- F4Balance reflects the most current data available with regard to share holdings in the Company's 401(k) Retirement Savings Plan.
- F5Shares 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.
- F6Reflects multiple DSU awards with independent vesting schedules.
- 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