SEC Form 4 · accession 0001225208-17-013300
BOSTON SCIENTIFIC CORP · BSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Bradley Sorenson
Officer — SVP, Manuf & Sup Chn
Period of report
Aug 2, 2017
Accepted (ET)
Aug 4, 2017 · 4:10 pm EDT
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 Stock | Aug 2, 2017 | M | 2,800 | $17.26 | A | 21,680 | D | |
| Common Stock | Aug 2, 2017 | M | 2,600 | $16.31 | A | 24,280 | D | |
| Common Stock | Aug 2, 2017 | M | 2,500 | $13.08 | A | 26,780 | D | |
| Common StockF1 | Aug 2, 2017 | S | 7,900 | $26.3706 | D | 18,880 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $17.26 | Aug 2, 2017 | M | 2,800 | D | — | Feb 22, 2026 | Common Stock | 2,800 | 20,387 | D |
| Stock Option (Right to Buy)F3 | $16.31 | Aug 2, 2017 | M | 2,600 | D | — | Feb 23, 2025 | Common Stock | 2,600 | 18,951 | D |
| Stock Option (Right to Buy)F4 | $13.08 | Aug 2, 2017 | M | 2,500 | D | — | Feb 24, 2024 | Common Stock | 2,500 | 17,500 | D |
Explanation of responses
- F1Represents the weighted average sale price. These shares were sold in multiple transactions at $26.3702 and $26.372. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2Grant 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 22, 2017, the first anniversary of the date of grant.
- F3Grant 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 23, 2016, the first anniversary of the date of grant.
- F4Grant 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 24, 2015, the first anniversary of the date of grant.