Company: BSX
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000885725-25-000017
Chunk: 59

Company: BOSTON SCIENTIFIC CORP
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 59
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 multiplied by the closing price of our common stock on the date of grant). 
 Annual equity awards granted on February 12, 2024, with the value of each award determined in accordance with FASB ASC Topic 718.                                                                                                                                                                                                               |
|:---------------------------|:----|:---------------------------------------------|:----|:------------------------|:----|:------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Realizable                 |     | Annual base salary earned in 2024            |     | Actual 2024 ABP Award   |     | Annual equity awards granted on February 12, 2024, with:                                                                                                                                                                                                                                                                                        
 (a) stock options valued at their intrinsic value (number of options awarded multiplied by the closing price of our common stock on the last trading day of 2024 less the exercise price of such options);                                                                                                                                      
 (b) service-based RSUs valued using the number of units awarded multiplied by the closing price of our common stock on the last trading day of 2024;                                                                                                                                                                                            
 (c) rTSR performance-based RSUs valued using 200% of the target rTSR performance-based RSUs due to the Company’s rTSR rank being 98thpercentile (200% of the target number of units multiplied by the closing price of our common stock on the last trading day of 2024); and                                                                   
 (d) ONSG performance-based RSUs valued using 200% due to 2024 performance being between target and maximum (200% of the target number of units multiplied by the closing price of our common stock on the last trading day of 2024).                                                                                                            |

The difference in value of the long-term incentive compensation portion of our CEO’s TDC reflected in the “Realizable,” “Target,” and “Summary Compensation Table” columns is primarily due to three factors:

• the increase in our common stock’s closing price on the last trading day of fiscal 2024 ($89.32) compared to its closing price on February 12, 2024 ($64.99), the grant date for the 2024 annual equity awards;

• the rTSR performance-based RSUs granted in 2024 tracking at 200% o f target as of December 31, 2024 due to the Co mpany’s 98 th pe rcentile rTSR rank; and

• the ONSG performance-based RSUs granted in 2024 trackin g at 200% of t arget as of December 31