0001225208-12-011774.txt : 20120509
0001225208-12-011774.hdr.sgml : 20120509
20120509192104
ACCESSION NUMBER: 0001225208-12-011774
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120507
FILED AS OF DATE: 20120509
DATE AS OF CHANGE: 20120509
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ABELE JOHN E
CENTRAL INDEX KEY: 0000901430
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11083
FILM NUMBER: 12827304
MAIL ADDRESS:
STREET 1: C/O BOSTON SCIENTIFIC CORP
STREET 2: ONE BOSTON SCIENTIFIC PL
CITY: NATICK
STATE: MA
ZIP: 01760-1537
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: 508-650-8000
MAIL ADDRESS:
STREET 1: ONE BOSTON SCIENTIFIC PL
CITY: NATICK
STATE: MA
ZIP: 01760-1537
4
1
doc4.xml
X0305
4
2012-05-07
0000885725
BOSTON SCIENTIFIC CORP
BSX
0000901430
ABELE JOHN E
ONE BOSTON SCIENTIFIC PLACE
NATICK
MA
01760-1537
1
Director Emeritus
Common Stock
2012-05-07
4
J
0
490000.0000
0.0000
D
7892718.0000
D
Common Stock
400000.0000
I
By Spouse
Common Stock
351098.0000
I
By Trust
Forward Sale Contract (obligation to sell)
2012-05-07
4
J
0
490000.0000
0.0000
D
2012-05-07
2012-05-07
Common Stock
490000.0000
0.0000
D
On March 1, 2010, the reporting person entered into a trading plan intended to comply with the requirements of Rule 10b5-1 with an unaffiliated commercial bank to execute a series of variable prepaid forward sale contracts. On May 7, 2012, the reporting person settled a prepaid variable contract originally entered into on May 6, 2010 through the delivery of 490,000 shares of the Issuer's common stock. At the initiation of the contract, the bank paid $2,253,631.52 to the reporting person. See also footnote 2.
In accordance with the variable prepaid forward sale contract, when settled in shares the number of shares to be delivered to the bank at maturity depends on the market price per share at maturity, but may not exceed 490,000 shares. If the market price per share at maturity was equal to or less than the floor price of $6.7636 per share, the reporting person would deliver 490,000 shares to the bank. If the market price per share at maturity was greater than the floor price, the reporting person would deliver a fewer number of shares. The market price per share at maturity on May 7, 2012 was $6.31. Accordingly, the reporting person transferred 490,000 shares of the Issuer's common stock to the bank.
Common stock held by the reporting person's wife. The reporting person disclaims beneficial ownership of these shares.
Common stock held by trust for the benefit of the reporting person's child of which the reporting person is a trustee. The reporting person disclaims beneficial ownership of these shares.
/s/ Conor Kilroy, Attorney-in-Fact
2012-05-09