SEC Form 4 · accession 0001035267-15-000009
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Rubash
Director
Period of report
Jan 27, 2015
Accepted (ET)
Jan 28, 2015 · 5:58 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 | $269.34 | A | 5,010 | D | |
| Common StockF1,F2 | Jan 27, 2015 | S | 5,000 | $512.9421 | D | 10 | 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 | $269.34 | Jan 27, 2015 | M | 5,000 | D | — | Oct 19, 2017 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on November 25, 2014.
- F2The shares were sold at an average price of $512.942122. The actual selling price of the shares was: $512 - $512.99 - 3785 shares sold; $513 - $513.99 - 745 shares sold; $514 - $514.99 - 300 shares sold; $515 - $515.99 - 70 shares sold; $516-$516.99 - 100 shares sold.
- F3Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 1/3rd one year after the date of grant and 1/36th each month thereafter.