0001225208-12-013335.txt : 20120529
0001225208-12-013335.hdr.sgml : 20120529
20120529193523
ACCESSION NUMBER: 0001225208-12-013335
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120524
FILED AS OF DATE: 20120529
DATE AS OF CHANGE: 20120529
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
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: 12875479
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
X0305
4
2012-05-24
0000885725
BOSTON SCIENTIFIC CORP
BSX
0000901458
NICHOLAS PETER M
ONE BOSTON SCIENTIFIC PLACE
NATICK
MA
01760-1537
1
Common Stock
2012-05-24
4
J
0
237240.0000
0.0000
D
6498309.0000
D
Common Stock
3345021.0000
I
By Ltd. Partnership
Common Stock
1754838.0000
I
By Trust 2
Forward Sale Contract (obligation to sell)
0.0000
2012-05-24
4
J
0
237240.0000
0.0000
D
2012-05-24
2012-05-24
Common Stock
237240.0000
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 24, 2012, the reporting person settled a prepaid variable contract originally entered into on May 24, 2010 through the delivery of 237,240 shares of the Issuer's common stock. At the initiation of the contract, the bank paid $1,038,435.78 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 237,240 shares. If the market price per share at maturity was equal to or less than the floor price of $6.3437 per share, the reporting person would deliver 237,240 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 24, 2012 was $5.91. Accordingly, the reporting person transferred 237,240 shares of the Issuer's common stock to the bank.
Shares held by a trust of which the reporting person's spouse and brother are trustees and the reporting person's spouse and children are beneficiaries.
/s/ Conor Kilroy, Attorney-in-Fact
2012-05-29