SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Baim Donald S

(Last) (First) (Middle)
ONE BOSTON SCIENTIFIC PLACE

(Street)
NATICK MA 017601537

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/25/2006
3. Issuer Name and Ticker or Trading Symbol
BOSTON SCIENTIFIC CORP [ (BSX) ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Medical & Scient.Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 2,032 I By Trust(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Stock Units (2) (2) Common Stock 50,000 (3) D
Stock Option (Right to Buy) (4) 07/10/2016 Common Stock 50,000 $16.36 D
Explanation of Responses:
1. Shares held in joint nominee trust of which the reporting person and his spouse are the beneficial owners.
2. Shares of common stock will be issued to the reporting person in three equal annual installments beginning on July 10, 2007, the first anniversary of the award. The Deferred Stock Units are subject to accelerated vesting in certain circumstances.
3. Each deferred stock unit represents the Company's promise to issue one share of Boston Scientific common stock.
4. Grant to the reporting person of an option to purchase 50,000 shares of common stock vesting in four equal annual installments beginning on July 10, 2007, the anniversary date of the grant.
Remarks:
By: /s/ Lawrence J. Knopf, Attorney-in-fact 07/26/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.