SEC Form 4 · accession 0001225208-17-005153
BOSTON SCIENTIFIC CORP · BSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur C Butcher
Officer — SVP&Pres, Endoscopy
Period of report
Feb 28, 2017
Accepted (ET)
Mar 1, 2017 · 8:55 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 28, 2017 | M | 3,383 | $0.00 | A | 15,201 | D | |
| Common StockF2 | Feb 28, 2017 | F | 1,592 | $24.55 | D | 13,609 | D | |
| Common StockF3 | holding | — | — | — | 2,565 | 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 UnitsF1,F4 | — | Feb 28, 2017 | A | 7,637 | A | — | Feb 28, 2022 | Common Stock | 7,637 | 7,637 | D |
| Deferred Stock UnitsF1,F5 | — | Feb 28, 2017 | M | 3,383 | D | Feb 28, 2018 | Feb 28, 2018 | Common Stock | 3,383 | 3,383 | D |
| Stock Option (Right to Buy)F6 | $24.55 | Feb 28, 2017 | A | 24,703 | A | — | Feb 28, 2027 | Common Stock | 24,703 | 24,703 | 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.
- F3Balance reflects the most current data available with regard to share holdings in the Company's 401(k) Retirement Savings Plan.
- F4Shares of common stock will be issued to the reporting person in five equal annual installments beginning on February 28, 2018, the first anniversary of the date of grant.
- 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.
- F6Grant 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 28, 2018, the first anniversary of the date of grant.