SEC Form 4 · accession 0001035267-15-000073
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J. Rosa
Officer — EVP & Chief Commercial Officer
Period of report
Jul 24, 2015
Accepted (ET)
Jul 27, 2015 · 12:14 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 Stock | Jul 24, 2015 | M | 2,800 | $303.27 | A | 3,876 | D | |
| Common StockF1 | Jul 24, 2015 | S | 2,800 | $550.1991 | D | 1,076 | 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 | $303.27 | Jul 24, 2015 | M | 2,800 | D | — | Feb 15, 2018 | Common Stock | 2,800 | 7,200 | D |
Explanation of responses
- F1These options were exercised and the underlying shares sold pursuant to a 10b5-1 trading plan adopted by the reporting person on December 15, 2014.
- F2Non-statutory stock option granted pursuant to the 2010 Employee Stock Option Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.