SEC Form 4 · accession 0001035267-15-000040
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Rubash
Director
Period of report
Apr 23, 2015
Accepted (ET)
Apr 27, 2015 · 12:10 pm EDT
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 StockF1 | Apr 24, 2015 | M | 354 | $0.00 | A | 364 | 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)F2 | $512.77 | Apr 23, 2015 | A | 744 | A | — | Apr 23, 2025 | Common Stock | 744 | 744 | D |
| Restricted Stock UnitsF3 | $0.00 | Apr 24, 2015 | M | 354 | D | — | Apr 25, 2018 | Common Stock | 354 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Apr 23, 2015 | A | 460 | A | — | Apr 23, 2019 | Common Stock | 460 | 460 | D |
Explanation of responses
- F1On 4/24/14, RSU shares were granted, vesting 100% one year from date of grant. RSUs convert into common stock on the vest date on a one-for-one basis. On 4/24/15, 100% of the shares were released and deposited into the holders account.
- F2Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant date.
- F3Restricted Stock Units (RSUs) are granted pursuant to the 2010 Incentive Award Plan. The RSUs fully vest on the first anniversary of the date of grant.