X0202 4 2005-07-18 0 0000929987 GUIDANT CORP GDT 0001198959 CORNELIUS JAMES M 111 MONUMENT CIRCLE INDIANAPOLIS IN 46204 1 0 0 0 Common Stock 2005-07-18 4 M 0 450000 34.27 A 941720 D Common Stock 2005-07-18 4 S 0 10000 67.03 D 931720 D Common Stock 2005-07-18 4 S 0 5000 67.10 D 926720 D Common Stock 2005-07-18 4 S 0 400 67.12 D 926320 D Common Stock 2005-07-18 4 S 0 10000 67.15 D 916320 D Common Stock 2005-07-18 4 S 0 4600 67.19 D 911720 D Common Stock 2005-07-18 4 S 0 15000 67.20 D 896720 D Common Stock 2005-07-18 4 S 0 10000 67.25 D 886720 D Common Stock 2005-07-18 4 S 0 10000 67.30 D 876720 D Common Stock 2005-07-18 4 S 0 12400 67.35 D 864320 D Common Stock 2005-07-18 4 S 0 9700 67.40 D 854620 D Common Stock 2005-07-18 4 S 0 15900 67.41 D 838720 D Common Stock 2005-07-18 4 S 0 3000 67.45 D 835720 D Common Stock 2005-07-18 4 S 0 200 67.46 D 835520 D Common Stock 2005-07-18 4 S 0 700 67.47 D 834820 D Common Stock 2005-07-18 4 S 0 9300 67.50 D 825520 D Common Stock 2005-07-18 4 S 0 5000 67.55 D 820520 D Common Stock 2005-07-18 4 S 0 8100 67.60 D 812420 D Common Stock 2005-07-18 4 S 0 500 67.61 D 811920 D Common Stock 2005-07-18 4 S 0 800 67.63 D 811120 D Common Stock 2005-07-18 4 S 0 300 67.64 D 810820 D Common Stock 2005-07-18 4 S 0 9000 67.65 D 801820 D Common Stock 2005-07-18 4 S 0 200 67.67 D 801620 D Common Stock 2005-07-18 4 S 0 10000 67.68 D 791620 D Common Stock 2005-07-18 4 S 0 3200 67.70 D 788420 D Common Stock 2005-07-18 4 S 0 1700 67.72 D 786720 D Common Stock 2005-07-18 4 S 0 2900 67.76 D 783820 D Common Stock 2005-07-18 4 S 0 1900 67.77 D 781920 D Common Stock 2005-07-18 4 S 0 4400 67.78 D 777520 D Common Stock 2005-07-18 4 S 0 800 67.79 D 776720 D Employee Stock Option (right to buy) 34.27 2005-07-18 4 M 0 450000 0 D 2001-05-18 2008-05-18 Common Stock 45000 0 D The sale of shares set forth herein are made in connection with a selling plan that is intended to comply with Rule 10b5-1. Approximately 1/3 of the options became exercisable each year for 3 years, beginning on 05/18/2001. The reporting person has more than 30 transactions to report. The balance of the transactions will be submitted on another Form 4. Diane Barker by Power of Attorney for James M. Cornelius 2005-07-20