SEC Form 4 · accession 0001225208-19-003743
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 22, 2019
Accepted (ET)
Feb 26, 2019 · 4:36 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 22, 2019 | M | 1,593 | $0.00 | A | 53,709 | D | |
| Common Stock | Feb 22, 2019 | F | 727 | $40.52 | D | 52,982 | D | |
| Common StockF1 | Feb 23, 2019 | M | 1,533 | $0.00 | A | 54,515 | D | |
| Common Stock | Feb 23, 2019 | F | 700 | $40.52 | D | 53,815 | D | |
| Common StockF1 | Feb 24, 2019 | M | 1,529 | $0.00 | A | 55,344 | D | |
| Common Stock | Feb 24, 2019 | F | 698 | $40.52 | D | 54,646 | 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 UnitsF1,F2 | — | Feb 22, 2019 | M | 1,593 | D | — | Feb 22, 2021 | Common Stock | 1,593 | 3,187 | D |
| Deferred Stock UnitsF1,F3 | — | Feb 23, 2019 | M | 1,533 | D | — | Feb 23, 2020 | Common Stock | 1,533 | 1,533 | D |
| Deferred Stock UnitsF1,F4 | — | Feb 24, 2019 | M | 1,529 | D | Feb 24, 2019 | Feb 24, 2019 | Common Stock | 1,529 | 0 | D |
Explanation of responses
- F1Each deferred stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- F2Shares of common stock will be issued to the reporting person in five equal annual installments beginning on February 22, 2017, the first anniversary of the date of grant.
- F3Shares of common stock will be issued to the reporting person in five equal annual installments beginning on February 23, 2016, the first anniversary of the date of grant.
- F4Shares of common stock will be issued to the reporting person in five equal annual installments beginning on February 24, 2015, the first anniversary of the date of grant.