SEC Form 4/A · accession 0001225208-19-000171
BOSTON SCIENTIFIC CORP · BSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Joseph Michael Fitzgerald
Officer — EVP & President, Rhythm Mgmt
Period of report
Mar 3, 2017
Accepted (ET)
Jan 3, 2019 · 9:05 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000885725
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF2,F1 | — | Feb 28, 2017 | A | 23,157 | A | Dec 31, 2018 | Dec 31, 2018 | Common Stock | 23,157 | 23,157 | D |
Explanation of responses
- F1Each performance share unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- F2On February 22, 2016, the reporting person was awarded a target number of performance share units under the Company's 2016 Free Cash Flow Performance Share Program, the actual number of which is to be earned by the reporting person based on the Company's 2016 adjusted free cash flow measured against its 2016 financial plan over the one-year performance period ending December 31, 2016 and subject to the completion of a three-year individual service period (inclusive of the performance period). On February 28, 2017, the number of the target performance share units as to which the performance criteria had been satisfied was determined. The performance share units so determined will vest in whole upon the completion of the individual service period that ends on December 31, 2018.
Remarks
On March 6, 2017, the reporting person filed a Form 4 reporting in Table II the grant of performance share units which mistakenly reports grant date and number of shares. This Form 4 corrects the details of that grant of performance share units.