Company: BSX
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000885725-25-000017
Chunk: 114

Company: BOSTON SCIENTIFIC CORP
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 114
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 of Accelerated Restricted Stock Units” row represent the value of the number of each NEO’s performance and service-based RSUs, the vesting of which would have accelerated as of December 31, 2024, calculated by multiplying the number of accelerated RSUs by $89.32 (the closing price of our common stock on the last trading day of the 2024).

In February 2022, each of our NEOs was awarded rTSR performance-based RSUs under our 2022 rTSR PSP, the attainment of which was based on the TSR of our common stock relative to the TSR of the common stock of the other companies in the S&P 500 Health Care Index over a three-year performance period. Our rTSR performance was ranked 93 rd percentile relative t o that of the other companies in the S&P 500 Health Care Index over the performance cycle comprising the three-year period that ended December 31, 2024. Accordingly, in February 2025, the Compensation Committee determined that pursuant to the terms of the 2022 rTSR PSP, 200% of the target number of rTSR performance‐based RSUs had been earned based on the performance criteria under the program. As a result, 239,868 shares of common stock were delivered or otherwise made available to our NEOs under the 2022 rTSR PSP.

In February 2023 and 2024, each of our NEOs was awarded rTSR performance-based RSUs under our 2023 and 2024 rTSR PSPs, respectively, the attainment of which will be based on the TSR of our common stock relative to the TSR of the common stock of the other companies in the S&P 500 Health Care Index over a three-year performance and service period (Performance Period). For a further description of our 2024 rTSR performance-based RSUs under our 2023 and 2024 rTSR PSPs, please see Long-Term Incentives and Narrative Disclosure to Summary Compensation Table and Grants of Plan-Based Awards Table — 2024 rTSR on pages 62 and 77 , respectively.

In February 2024, each of our NEOs was also awarded ONSG performance-based RSUs under our 2024 ONSG PSP, the attainment of which will be based on the performance of our ONSG against our financial plan over a three-year Performance Period. For a further description of our 2024 ONSG performance-based RSUs