SEC Form 4 · accession 0001225208-17-004953
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, 2017
Accepted (ET)
Feb 28, 2017 · 5:59 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, 2017 | M | 9,555 | $0.00 | A | 248,758 | D | |
| Common Stock | Feb 27, 2017 | F | 3,305 | $24.81 | D | 245,453 | D | |
| Common Stock | Feb 27, 2017 | S | 4,832 | $24.8414 | D | 240,621 | 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, 2017 | M | 9,555 | D | — | — | Common Stock | 9,555 | 16,915 | 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.