-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JGnurTfXNgFUl5SmlBqxys+I03U6zLAx5QLjpVH4yg26vzkIjdRekQ9UVfwh/quN 1B38ovEPjeAdeRmYx6u/9Q== 0001225208-10-023070.txt : 20101015 0001225208-10-023070.hdr.sgml : 20101015 20101015165028 ACCESSION NUMBER: 0001225208-10-023070 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101013 FILED AS OF DATE: 20101015 DATE AS OF CHANGE: 20101015 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BOSTON SCIENTIFIC CORP CENTRAL INDEX KEY: 0000885725 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 042695240 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE BOSTON SCIENTIFIC PL CITY: NATICK STATE: MA ZIP: 01760-1537 BUSINESS PHONE: 5086508000 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NICHOLAS PETER M CENTRAL INDEX KEY: 0000901458 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11083 FILM NUMBER: 101126190 MAIL ADDRESS: STREET 1: C/O BOSTON SCIENTIFIC CORPORATION STREET 2: ONE BOSTON SCIENTIFIC PLACE CITY: NATICK STATE: MA ZIP: 01760-1537 4 1 doc4.xml X0303 4 2010-10-13 0000885725 BOSTON SCIENTIFIC CORP BSX 0000901458 NICHOLAS PETER M ONE BOSTON SCIENTIFIC PLACE NATICK MA 01760-1537 1 Common Stock 2010-10-13 4 S 0 25000.0000 6.2146 D 4631021.0000 I By Ltd. Partnership Common Stock 2010-10-13 4 J 0 50000.0000 0.0000 D 4581021.0000 I By Ltd. Partnership Common Stock 2010-10-13 4 J 0 125000.0000 0.0000 D 4456021.0000 I By Ltd. Partnership Common Stock 9212125.0000 D Common Stock 2413088.0000 I By Trust 2 Forward Sale Contract (obligation to sell) 2010-10-13 4 J 0 50000.0000 0.0000 D 2010-10-13 2010-10-13 Common Stock 50000.0000 0.0000 I By Ltd. Partnership Forward Sale Contract (obligation to sell) 2010-10-13 4 J 0 125000.0000 0.0000 D 2011-10-13 2011-10-13 Common Stock 125000.0000 0.0000 I By Ltd. Partnership Sales reported on this form were transacted pursuant to a 10b5-1 trading plan. Weighted average sales price reported as stock sales were aggregated for reporting purposes. The per share transaction price ranged from $6.24 to $6.13. The reporting person will provide, upon request from an appropriate party, the per share sales volumes and prices. On August 26, 2009, a family limited partnership of which the reporting person is a general and limited partner, Promerica LP, entered into a Rule 10b5-1 trading plan with an unaffiliated commercial bank to execute a series of variable prepaid forward sale contracts. On October 13, 2010, Promerica settled a prepaid variable contract originally entered into on October 13, 2009. At the initiation of the contract, the bank paid $399,053.34 to the reporting person. The forward sale contract obligated Promerica to deliver to the bank at maturity up to 50,000 shares of the Issuer's common stock depending on market prices at maturity. If the market price per share at maturity was equal to or less than the floor price of $9.9403 per share, Promerica would deliver 50,000 shares to the bank. If the market price per share at maturity was greater than the floor price, Promerica would deliver a fewer number of shares. The closing market price per share on October 13, 2010 was $6.21. Accordingly, Promerica transferred to the bank 50,000 shares of the Issuer's common stock. On August 26, 2009, a family limited partnership of which the reporting person is a general and limited partner, Promerica LP, entered into a Rule 10b5-1 trading plan with an unaffiliated commercial bank to execute a series of variable prepaid forward sale contracts. On October 13, 2010, Promerica settled a prepaid variable contract originally entered into on October 13, 2009. At the initiation of the contract, the bank paid $996,429.01 to the reporting person. Under the contract reported on this form, Promerica was obligated to deliver to the bank up to 125,000 shares of the Issuer?s common stock depending on the market price at maturity on October 13, 2011. In addition, if the market price per share was equal to or greater than $11.9140 on the first anniversary of the contract date, the bank would be obligated to pay an additional amount, determined by the bank based on the stock price at the time, to Promerica three business days after the first anniversary. If the market price per share on the first anniversary of the contract date was less than $11.9140 the contract would then be terminated and Promerica would deliver shares to the bank pursuant to the early termination provision in the contract. Upon early termination, if the market price per share was equal to or less than $9.9283 Promerica would deliver 125,000 shares to the bank and if the market price per share was greater than $9.9283, Promerica would deliver a fewer number of shares. The closing market price per share on October 13, 2010 was $6.21. Accordingly, Promerica transferred to the bank 125,000 shares of the Issuer?s common stock. Shares held by a trust of which the reporting persons spouse and brother are trustees and the reporting person's spouse and children are beneficiaries. /s/ Vance R. Brown, Attorney-in-fact 2010-10-15 -----END PRIVACY-ENHANCED MESSAGE-----