Daniel J. Brennan - 01 Jan 2025 Form 4 Insider Report for BOSTON SCIENTIFIC CORP (BSX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Jan 2025, 16:32:48 UTC
Prior SEC filing
23 May 2024
Next SEC filing
06 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Susan Thompson, Attorney-in-Fact

Key filing fact

Daniel J. Brennan filed Form 4 for BOSTON SCIENTIFIC CORP (BSX) on 03 Jan 2025.

Key facts

  • This page summarizes Daniel J. Brennan's Form 4 filing for BOSTON SCIENTIFIC CORP (BSX).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Jan 2025, 16:32.

Change

  • Previous filing in this sequence was filed on 23 May 2024.
  • Current net transaction value: -$1,336,172.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BSX transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+14,901
Change %
+6.7%
Price
$0.000000
Shares after
238,822
Date
01 Jan 2025
Ownership
Direct
Footnotes
F1
BSX transaction

Common Stock

Tax liability

Transaction value
$465,536
Shares
-5,212
Change %
-2.2%
Price
$89.32
Shares after
233,610
Date
01 Jan 2025
Ownership
Direct
BSX transaction

Common Stock

Sale

Transaction value
$870,636
Shares
-9,689
Change %
-4.1%
Price
$89.86
Shares after
223,921
Date
03 Jan 2025
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BSX transaction Derivative

Performance Share Units

Options Exercise

Transaction value
$0
Shares
-14,901
Change %
-100%
Price
$0.000000
Shares after
0
Date
01 Jan 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
14,901
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 4 footnotes

Footnote F1

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 vested in whole upon the completion of the individual service period that ended on December 31, 2024.

Footnote F2

The transaction reported in this Form 4 was effected pursuant to a pre-established Rule 10b5-1 trading plan adopted on August 26, 2024.

Footnote F3

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $89.52 to $90.15, 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.

Footnote F4

Each performance shares unit represents the Company's commitment to issue one share of Boston Scientific common stock.

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