SEC Form 4 · accession 0001225208-19-004351
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
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 4:34 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 28, 2019 | M | 2,444 | $0.00 | A | 41,384 | D | |
| Common Stock | Feb 28, 2019 | F | 1,087 | $40.12 | D | 40,297 | D | |
| Common Stock | Mar 1, 2019 | M | 5,000 | $7.16 | A | 45,297 | D | |
| Common StockF3 | Mar 1, 2019 | S | 5,000 | $40.3358 | D | 40,297 | 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,F4 | — | Feb 28, 2019 | M | 2,444 | D | — | Feb 28, 2022 | Common Stock | 2,444 | 7,332 | D |
| Stock Option (Right to Buy)F5 | $7.16 | Mar 1, 2019 | M | 5,000 | D | — | Feb 28, 2021 | Common Stock | 5,000 | 12,640 | D |
Explanation of responses
- F1Each deferred stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- F2This transaction was effected pursuant to a pre-established Rule 10b5-1 trading plan.
- F3Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $40.25 to $40.47, 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 28, 2018, 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 increments beginning on February 28, 2012, the first anniversary of the grant.