SEC Form 4 · accession 0001035267-15-000081
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Meltzer
Officer — SVP General Counsel & CCO
Period of report
Jul 27, 2015
Accepted (ET)
Jul 27, 2015 · 6:56 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 27, 2015 | M | 625 | $107.27 | A | 1,621 | D | |
| Common StockF1 | Jul 27, 2015 | S | 625 | $545.50 | D | 996 | D | |
| Common Stock | Jul 27, 2015 | M | 1,625 | $309.46 | A | 2,621 | D | |
| Common StockF1 | Jul 27, 2015 | S | 1,625 | $541.536 | D | 996 | D | |
| Common Stock | Jul 27, 2015 | M | 2,500 | $309.46 | A | 3,496 | D | |
| Common StockF1 | Jul 27, 2015 | S | 2,500 | $541.4743 | D | 996 | 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 | $107.27 | Jul 27, 2015 | M | 625 | D | — | Feb 17, 2019 | Common Stock | 625 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $309.46 | Jul 27, 2015 | M | 1,625 | D | — | Nov 7, 2017 | Common Stock | 1,625 | 14,875 | D |
| Non-Qualified Stock Option (right to buy)F2 | $309.46 | Jul 27, 2015 | M | 2,500 | D | — | Nov 7, 2017 | Common Stock | 2,500 | 12,375 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on June 10, 2015.
- F2Non-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.