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BOSTON SCIENTIFIC CORP — Director's Dealing 2015
Feb 25, 2015
29821_dirs_2015-02-25_0d8b1612-d7de-42c5-bffd-6e36506ed27c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BOSTON SCIENTIFIC CORP (BSX)
CIK: 0000885725
Period of Report: 2015-02-23
Reporting Person: Prange Karen (SVP&Pres, Uro & Women's Health)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-23 | Deferred Stock Units | $ | A | 11496.0000 | Acquired | 2020-02-23 | Common Stock (11496.0000) | Direct |
| 2015-02-23 | Performance Share Units | $ | A | 10701.0000 | Acquired | 2016-12-31 | Common Stock (10701.0000) | Direct |
| 2015-02-23 | Stock Option (Right to Buy) | $16.3100 | A | 32327.0000 | Acquired | 2025-02-23 | Common Stock (32327.0000) | Direct |
Footnotes
F1: Each deferred stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
F2: Shares of common stock will be issued to the reporting person in five equal annual installments beginning on February 23, 2016, the first anniversary of the date of grant.
F3: Each performance share unit represents the Company's commitment to issue one share of Boston Scientific common stock.
F4: On February 24, 2014, the reporting person was awarded a target number of performance share units under the Company's 2014 Free Cash Flow Performance Share Program, the actual number of which to be earned by the reporting person based on the Company's 2014 adjusted free cash flow measured against its 2014 financial plan over the one-year performance period ending December 31, 2014 and subject to the completion of a three-year individual service period (inclusive of the performance period). On February 23, 2015, 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, 2016.
F5: 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 23, 2016, the first anniversary of the date of grant.