SEC Form 4 · accession 0001225208-16-028759
BOSTON SCIENTIFIC CORP · BSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy A. Pratt
Officer — EVP, GC & Chief Admin Officer
Period of report
Feb 27, 2016
Accepted (ET)
Mar 1, 2016 · 4:38 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 | 9,554 | $0.00 | A | 350,631 | D | |
| Common Stock | Feb 27, 2016 | F | 4,500 | $17.21 | D | 346,131 | D | |
| Common StockF1 | Feb 28, 2016 | M | 10,476 | $0.00 | A | 356,607 | D | |
| Common StockF1 | Feb 28, 2016 | M | 8,457 | $0.00 | A | 365,064 | D | |
| Common Stock | Feb 28, 2016 | F | 8,919 | $17.21 | D | 356,145 | D | |
| Common Stock | Feb 29, 2016 | S | 2,426 | $17.1918 | D | 353,719 | 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 UnitsF4,F1,F3 | — | Feb 27, 2016 | M | 9,554 | D | — | — | Common Stock | 9,554 | 45,403 | D |
| Deferred Stock UnitsF4,F1,F5 | — | Feb 28, 2016 | M | 8,457 | D | — | — | Common Stock | 8,457 | 36,946 | D |
| Deferred Stock UnitsF4,F1,F6 | — | Feb 28, 2016 | M | 10,476 | D | — | — | Common Stock | 10,476 | 26,470 | D |
Explanation of responses
- F1Each deferred stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- F2This transaction was effected pursuant to a pre-established Rule 10b5-1 trading plan.
- F3Shares 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.
- F4Reflects multiple DSU awards with independent vesting schedules.
- F5Shares 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.
- F6Shares 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.