0001225208-17-005155.txt : 20170301
0001225208-17-005155.hdr.sgml : 20170301
20170301205643
ACCESSION NUMBER: 0001225208-17-005155
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170228
FILED AS OF DATE: 20170301
DATE AS OF CHANGE: 20170301
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: 300 BOSTON SCIENTIFIC WAY
CITY: MARLBOROUGH
STATE: MA
ZIP: 01752-1234
BUSINESS PHONE: 508-683-4000
MAIL ADDRESS:
STREET 1: 300 BOSTON SCIENTIFIC WAY
CITY: MARLBOROUGH
STATE: MA
ZIP: 01752-1234
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Phalen Michael P.
CENTRAL INDEX KEY: 0001483882
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11083
FILM NUMBER: 17656699
MAIL ADDRESS:
STREET 1: C/O BOSTON SCIENTIFIC
STREET 2: 300 BOSTON SCIENTIFIC WAY
CITY: MARLBOROUGH
STATE: MA
ZIP: 01752-1234
4
1
doc4.xml
X0306
4
2017-02-28
0000885725
BOSTON SCIENTIFIC CORP
BSX
0001483882
Phalen Michael P.
300 BOSTON SCIENTIFIC WAY
MARLBOROUGH
MA
01752-1234
1
EVP & President, MedSurg
Common Stock
2017-02-28
4
A
0
34402.0000
0.0000
A
146265.0000
D
Common Stock
2017-02-28
4
M
0
5413.0000
0.0000
A
151678.0000
D
Common Stock
2017-02-28
4
F
0
17214.0000
24.5500
D
134464.0000
D
Common Stock
2422.0000
I
By 401(k)
Deferred Stock Units
2017-02-28
4
M
0
5413.0000
0.0000
D
Common Stock
5413.0000
5413.0000
D
Deferred Stock Units
2017-02-28
4
A
0
12219.0000
0.0000
A
2022-02-28
Common Stock
12219.0000
12219.0000
D
Performance Share Units
2017-02-28
4
A
0
14059.0000
0.0000
A
2018-12-31
2018-12-31
Common Stock
14059.0000
14059.0000
D
Stock Option (Right to Buy)
24.5500
2017-02-28
4
A
0
39525.0000
0.0000
A
2027-02-28
Common Stock
39525.0000
39525.0000
D
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.
Includes shares acquired under the Boston Scientific Global Employee Stock Purchase Plan based upon the most current data available.
Each deferred stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
Balance reflects the most current data available with regard to share holdings in the Company's 401(k) Retirement Savings Plan.
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.
Reflects multiple DSU awards with independent vesting schedules.
Shares 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.
Each performance share unit represents the Company's commitment to issue one share of Boston Scientific common stock.
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 vest in whole upon the completion of the individual service period that ends on December 31, 2018.
Grant to the reporting person of an option to purchase a specified number of shares of common stock vesting in four equal annual installments beginning on February 28, 2018, the first anniversary of the date of grant.
/s/ Vance R. Brown, Attorney-in-fact
2017-03-01