ELLIOTT JOHN RAYMOND 4
4 · BOSTON SCIENTIFIC CORP · Filed Jan 4, 2011
Insider Transaction Report
Form 4
ELLIOTT JOHN RAYMOND
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2010-12-31$7.57/sh−208,754$1,580,268→ 409,510 total - Exercise/Conversion
Restricted Deferred Stock Units
2010-12-31−500,000→ 500,000 total→ Common Stock (500,000 underlying) - Exercise/Conversion
Common Stock
2010-12-31+500,000→ 618,264 total
Footnotes (3)
- [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 31, 2010.
- [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.