SEC Form 4 · accession 0001225208-18-005273
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
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 4:20 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 Stock | Mar 1, 2018 | M | 2,800 | $17.26 | A | 45,436 | D | |
| Common Stock | Mar 1, 2018 | M | 2,600 | $16.31 | A | 48,036 | D | |
| Common Stock | Mar 1, 2018 | M | 2,500 | $13.08 | A | 50,536 | D | |
| Common Stock | Mar 1, 2018 | M | 2,400 | $24.55 | A | 52,936 | D | |
| Common Stock | Mar 1, 2018 | S | 3,850 | $27.00 | D | 49,086 | D | |
| Common StockF2 | Mar 1, 2018 | S | 10,300 | $26.9902 | D | 38,786 | 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)F3 | $17.26 | Mar 1, 2018 | M | 2,800 | D | — | Feb 22, 2026 | Common Stock | 2,800 | 17,587 | D |
| Stock Option (Right to Buy)F4 | $16.31 | Mar 1, 2018 | M | 2,600 | D | — | Feb 23, 2025 | Common Stock | 2,600 | 16,351 | D |
| Stock Option (Right to Buy)F5 | $13.08 | Mar 1, 2018 | M | 2,500 | D | — | Feb 24, 2024 | Common Stock | 2,500 | 15,000 | D |
| Stock Option (Right to Buy)F6 | $24.55 | Mar 1, 2018 | M | 2,400 | D | — | Feb 28, 2027 | Common Stock | 2,400 | 17,362 | D |
Explanation of responses
- F1This transaction was effected pursuant to a pre-established Rule 10b5-1 trading plan.
- F2Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $26.83 to $27.30, inclusive. 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.
- 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 22, 2017, the first anniversary of the 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 23, 2016, the first anniversary of the grant.
- F5Grant 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.
- 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 grant.