Filing Details

Accession Number:
0001225208-17-005433
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-02 19:17:54
Reporting Period:
2017-02-28
Filing Date:
2017-03-02
Accepted Time:
2017-03-02 19:17:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
885725 Boston Scientific Corp BSX Surgical & Medical Instruments & Apparatus (3841) 042695240
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1492253 D Keith Dawkins 300 Boston Scientific Way
Marlborough MA 01752-1234
Evp, Global Chief Med. Off. No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-02-28 22,934 $0.00 105,384 No 4 A Direct
Common Stock Acquisiton 2017-02-28 4,736 $0.00 110,120 No 4 M Direct
Common Stock Disposition 2017-02-28 11,955 $24.55 98,165 No 4 F Direct
Common Stock Disposition 2017-02-28 30,000 $24.64 68,165 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Deferred Stock Units Disposition 2017-02-28 4,736 $0.00 4,736 $0.00
Common Stock Performance Share Units Acquisiton 2017-02-28 9,923 $0.00 9,923 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,736 No 4 M Direct
9,923 2018-12-31 2018-12-31 No 4 A Direct
Footnotes
  1. On February 24, 2014, the reporting person was awarded a target number of performance share units under the Company's 2014 Total Shareholder Return Performance Share Program, the actual number of which to be earned by the reporting person was based on the Company's total shareholder return performance percentile relative to that of the other companies in the S&P 500 Healthcare Index over the three annual performance cycles comprising the three-year period ended December 31, 2016 and was subject to the completion of the concurrent three-year individual service period. On February 28, 2017, the number of the target performance share units as to which the performance criteria had been satisfied was determined and the individual service period was satisfied.
  2. Each deferred stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
  3. Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $24.625 to $24.68, 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.
  4. Shares of common stock will be issued to the reporting person in five equal annual installments beginning on February 28, 2014, the first anniversary of the date of grant.
  5. Reflects multiple DSU awards with independent vesting schedules.
  6. Each performance share unit represents the Company's commitment to issue one share of Boston Scientific common stock.
  7. On 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 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 be prorated and released following retirement.