Joseph Michael Fitzgerald - Feb 14, 2023 Form 4 Insider Report for BOSTON SCIENTIFIC CORP (BSX)

Signature
/s/ Susan Thompson, Attorney-in-Fact
Stock symbol
BSX
Transactions as of
Feb 14, 2023
Transactions value $
$0
Form type
4
Date filed
2/15/2023, 04:43 PM
Previous filing
Jan 3, 2023
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSX Common Stock Gift $0 -2.52K -1.13% $0.00 221K Feb 9, 2023 Direct
transaction BSX Common Stock Gift $0 -11K -4.98% $0.00 210K Feb 13, 2023 Direct
transaction BSX Common Stock Gift $0 +630 +16.96% $0.00 4.34K Feb 9, 2023 By Child F1
holding BSX Common Stock 68.1K Feb 14, 2023 By 401(k) F2

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 Performance Share Units Award $0 +13.9K $0.00 13.9K Feb 14, 2023 Common Stock 13.9K Direct F3, F4
transaction BSX Restricted Stock Units Award $0 +17.4K $0.00 17.4K Feb 14, 2023 Common Stock 17.4K Direct F5, F6
transaction BSX Stock Option (Right to Buy) Award $0 +45.4K $0.00 45.4K Feb 14, 2023 Common Stock 45.4K $47.28 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of the shares held by his child, and this report should not be deemed an admission that the reporting person is the beneficial owner of his child's shares for purposes of Section 16 or for any other purpose.
F2 Balance reflects the most current data available with regard to share holdings in the Company's 401(k) Retirement Savings Plan.
F3 Each performance share unit represents the Company's commitment to issue one share of Boston Scientific common stock.
F4 On February 10, 2022, the reporting person was awarded a target number of performance share units under the Company's 2022 Free Cash Flow Performance Share Program, the actual number of which to be earned by the reporting person would be based on the Company's 2022 adjusted free cash flow measured against its 2022 financial plan over the one-year performance period ending December 31, 2022 and subject to the completion of a three-year individual service period (inclusive of the performance period). On February 14, 2023, 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, 2024.
F5 Each restricted stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
F6 Shares of common stock will be issued to the reporting person in four equal annual installments beginning on February 14, 2024, 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 14, 2024, the first anniversary of the date of grant.