SEC Form 4 · accession 0001225208-18-010105
BOSTON SCIENTIFIC CORP · BSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Pierce
Officer — EVP,Pres MedSurg
Period of report
Jun 1, 2018
Accepted (ET)
Jun 4, 2018 · 4:08 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 | Jun 1, 2018 | M | 5,000 | $7.16 | A | 29,201 | D | |
| Common StockF2 | Jun 1, 2018 | M | 2,972 | $0.00 | A | 32,173 | D | |
| Common Stock | Jun 1, 2018 | F | 1,322 | $30.59 | D | 30,851 | D | |
| Common Stock | Jun 1, 2018 | S | 5,000 | $30.5828 | D | 25,851 | 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 UnitsF2,F3 | — | Jun 1, 2018 | M | 2,972 | D | — | Jun 1, 2021 | Common Stock | 2,972 | 8,917 | D |
| Stock Option (Right to Buy)F4 | $7.16 | Jun 1, 2018 | M | 5,000 | D | — | Feb 28, 2021 | Common Stock | 5,000 | 57,640 | D |
Explanation of responses
- F1This transaction was effected pursuant to a pre-established Rule 10b5-1 trading plan.
- F2Each deferred stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- F3Shares of common stock will be issued to the reporting person in five equal annual installments beginning on June 1, 2017, the first anniversary of the date of grant.
- F4Grant to the reporting person of an option to purchase 77,640 shares of common stock vesting in four annual increments beginning on February 28, 2012, the first anniversary of the grant.