Daniel J. Brennan - 22 May 2024 Form 4 Insider Report for BOSTON SCIENTIFIC CORP (BSX)

Role
EVP and CFO
Signature
/s/ Susan Thompson, Attorney-in-Fact
Issuer symbol
BSX
Transactions as of
22 May 2024
Transactions value $
-$7,094,915
Form type
4
Filing time
23 May 2024, 16:12:12 UTC
Previous filing
20 Feb 2024
Next filing
03 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSX Common Stock Options Exercise $414K +16.9K +6.21% $24.55 288K 22 May 2024 Direct F1
transaction BSX Common Stock Options Exercise $291K +16.9K +5.85% $17.26 305K 22 May 2024 Direct F1
transaction BSX Common Stock Options Exercise $424K +15.6K +5.12% $27.09 321K 22 May 2024 Direct F1
transaction BSX Common Stock Options Exercise $246K +15.1K +4.7% $16.31 336K 22 May 2024 Direct F1
transaction BSX Common Stock Sale -$4.89M -64.5K -19.18% $75.91 272K 22 May 2024 Direct F1, F2
transaction BSX Common Stock Sale -$3.58M -47.6K -17.54% $75.11 224K 23 May 2024 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BSX Stock Option (Right to Buy) Options Exercise $0 -15.6K -25% $0.00 46.9K 22 May 2024 Common Stock 15.6K $27.09 Direct F1, F4
transaction BSX Stock Option (Right to Buy) Options Exercise $0 -16.9K -50% $0.00 16.9K 22 May 2024 Common Stock 16.9K $17.26 Direct F1, F5
transaction BSX Stock Option (Right to Buy) Options Exercise $0 -15.1K -50% $0.00 15.1K 22 May 2024 Common Stock 15.1K $16.31 Direct F1, F6
transaction BSX Stock Option (Right to Buy) Options Exercise $0 -16.9K -23.27% $0.00 55.6K 22 May 2024 Common Stock 16.9K $24.55 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a pre-established Rule 10b5-1 trading plan adopted on February 21, 2024.
F2 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $75.512 to $76.22, inclusive. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $74.86 to $75.48, inclusive. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 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 15, 2019, the first anniversary of the date of grant.
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 22, 2017, the first anniversary of the date of grant.
F6 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.
F7 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.