SEC Form 4 · accession 0001225208-18-004949
BOSTON SCIENTIFIC CORP · BSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Pierce
Officer — SVP,Pres Urology,Pelvic Health
Period of report
Feb 28, 2018
Accepted (ET)
Mar 1, 2018 · 4:37 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 28, 2018 | M | 4,398 | $0.00 | A | 33,107 | D | |
| Common StockF1 | Feb 28, 2018 | M | 2,443 | $0.00 | A | 35,550 | D | |
| Common Stock | Feb 28, 2018 | F | 3,041 | $27.26 | D | 32,509 | D | |
| Common StockF3 | Feb 28, 2018 | S | 4,508 | $27.5445 | D | 28,001 | 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 UnitsF1,F4 | — | Feb 28, 2018 | M | 4,398 | D | — | Feb 28, 2018 | Common Stock | 4,398 | 0 | D |
| Deferred Stock UnitsF1,F5 | — | Feb 28, 2018 | M | 2,443 | D | — | Feb 28, 2022 | Common Stock | 2,443 | 9,776 | 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.
- F3Represents the weighted average sale price. These shares were sold in multiple transactions at $27.52 and $27.575. 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.
- F4Shares 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.
- F5Shares 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.