SEC Form 4 · accession 0001225208-19-003561
BOSTON SCIENTIFIC CORP · BSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur C Butcher
Officer — SVP&Pres, Endoscopy
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 6:35 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 21, 2019 | M | 15,225 | $7.16 | A | 26,508 | D | |
| Common StockF1 | Feb 21, 2019 | S | 15,225 | $39.95 | D | 11,283 | D | |
| Common StockF2 | holding | — | — | — | 2,559 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF3,F4 | — | Feb 21, 2019 | A | 6,854 | A | — | Feb 21, 2023 | Common Stock | 6,854 | 6,854 | D |
| Stock Option (Right to Buy)F5 | $40.12 | Feb 21, 2019 | A | 22,195 | A | — | Feb 21, 2029 | Common Stock | 22,195 | 22,195 | D |
| Stock Option (Right to Buy)F6 | $7.16 | Feb 21, 2019 | M | 15,225 | D | — | Feb 28, 2021 | Common Stock | 15,225 | 3,874 | D |
Explanation of responses
- F1Includes shares acquired under the Boston Scientific Global Employee Stock Purchase Plan based upon the most current data available.
- F2Balance reflects the most current data available with regard to share holdings in the Company's 401(k) Retirement Savings Plan.
- F3Each deferred stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- F4Shares of common stock will be issued to the reporting person in four equal annual installments beginning on February 21, 2020, 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 21, 2020, 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, 2012, the first anniversary of the date of grant.