SEC Form 4 · accession 0001035267-15-000008
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerome J McNamara
Officer — EVP da Vinci WW Sales & Mktg
Period of report
Jan 27, 2015
Accepted (ET)
Jan 28, 2015 · 5:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001035267
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 27, 2015 | M | 5,000 | $341.19 | A | 7,849 | D | |
| Common StockF1,F2 | Jan 27, 2015 | S | 5,000 | $511.3159 | D | 2,849 | D | |
| Common Stock | Jan 27, 2015 | M | 10,000 | $334.30 | A | 12,849 | D | |
| Common StockF1,F2 | Jan 27, 2015 | S | 10,000 | $511.3159 | D | 2,849 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $334.30 | Jan 27, 2015 | M | 10,000 | D | — | Feb 16, 2020 | Common Stock | 10,000 | 0 | D |
| Non-Qualified Stock Option (right to buy)F4 | $341.19 | Jan 27, 2015 | M | 5,000 | D | — | Feb 15, 2021 | Common Stock | 5,000 | 19,769 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on June 12, 2014.
- F2The shares were sold at an average price of $511.315888. The actual selling price of the shares was: $506.00 - $506.99 - 600 shares sold; $507.00 - $507.99 - 1212 shares sold; $508.00 - $508.99 - 430 shares; $509.00 - $509.99 - 1602 shares sold; $510.00 - $510.99 - 2405 shares sold; $511 - $511.99 - 2957 shares sold; $512 - $512.99 - 1820 shares sold; $513 - $513.99 - 1646 shares sold; $514 - $514.99 - 828 shares sold; $515 - $515.99 - 1500 shares sold.
- F3Non-statutory stock option granted pursuant to the 2000 Employee Stock Option Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.
- F4Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.