ELLIOTT JOHN RAYMOND 4
4 · BOSTON SCIENTIFIC CORP · Filed Jan 4, 2012
Insider Transaction Report
Form 4
ELLIOTT JOHN RAYMOND
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2011-12-31+333,333→ 742,843 total - Tax Payment
Common Stock
2011-12-31$5.34/sh−139,167$743,152→ 603,676 total - Exercise/Conversion
Restricted Deferred Stock Units
2011-12-31−333,333→ 0 total→ Common Stock (333,333 underlying)
Footnotes (4)
- [F1]Each deferred stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- [F2]The Company's closing stock price on December 30, 2011.
- [F3]One third of the shares vested on June 23, 2010, the first anniversary of the award, and thereafter 1/36th of the shares vest on each subsequent monthly anniversary until the award is fully vested on the third anniversary of the award provided the reporting person is still an employee of the Company. Vested shares of common stock will be issued and income tax withholding amounts will be assessed to the reporting person on December 31 of the year shares vest.
- [F4]The remaining 166,667 restricted deferred stock units forfeited as of December 31, 2011 in connection with the reporting person's retirement from the Company.