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BOSTON SCIENTIFIC CORP — Director's Dealing 2018
Feb 14, 2018
29821_dirs_2018-02-14_654a0a08-e029-4749-8626-5cf7109df17f.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: 2018-02-12
Reporting Person: Pierce David A (SVP,Pres Urology,Pelvic Health)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-12 | Common Stock | A | 24524.0000 | $0.0000 | Acquired | 48725.0000 | Direct |
| 2018-02-12 | Common Stock | F | 8238.0000 | $26.1800 | Disposed | 40487.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-12 | Performance Share Units | $ | A | 11926.0000 | Acquired | 2019-12-31 | Common Stock (11926.0000) | Direct |
Footnotes
F1: On February 23, 2015, the reporting person was awarded a target number of performance share units under the Company's 2015 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, 2017 and was subject to the completion of the concurrent three-year individual service period. On February 12, 2018, 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.
F2: Each performance share unit represents the Company's commitment to issue one share of Boston Scientific common stock.
F3: On February 28, 2017, the reporting person was awarded a target number of performance share units under the Company's 2017 Free Cash Flow Performance Share Program, the actual number of which to be earned by the reporting person based on the Company's 2017 adjusted free cash flow measured against its 2017 financial plan over the one-year performance period ending December 31, 2017 and subject to the completion of a three-year individual service period (inclusive of the performance period). On February 12, 2018, 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, 2019.