SEC Form 4 · accession 0001225208-19-002989
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
Feb 15, 2019
Accepted (ET)
Feb 19, 2019 · 6:17 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 | Feb 15, 2019 | M | 5,000 | $13.08 | A | 45,767 | D | |
| Common StockF2 | Feb 15, 2019 | M | 1,199 | $0.00 | A | 46,966 | D | |
| Common Stock | Feb 15, 2019 | F | 367 | $40.01 | D | 46,599 | D | |
| Common StockF3 | Feb 15, 2019 | S | 5,000 | $40.2162 | D | 41,599 | 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,F4 | — | Feb 15, 2019 | M | 1,199 | D | — | Feb 15, 2023 | Common Stock | 1,199 | 4,799 | D |
| Stock Option (Right to Buy)F5 | $13.08 | Feb 15, 2019 | M | 5,000 | D | — | Feb 24, 2024 | Common Stock | 5,000 | 0 | 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.
- F3Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $40.08 to $40.32, 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.
- F4Shares of common stock will be issued to the reporting person in five equal annual installments beginning on February 15, 2019, the first anniversary of the date of 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.
Remarks
sorensonpoa.txt