SEC Form 4 · accession 0001035267-15-000082
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary S Guthart
Officer — President & CEO · Director
Period of report
Jul 27, 2015
Accepted (ET)
Jul 27, 2015 · 6:59 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 | 25,000 | $106.69 | A | 77,604 | D | |
| Common StockF1 | Jul 27, 2015 | S | 17,255 | $541.9763 | D | 60,349 | 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 | $106.69 | Jul 27, 2015 | M | 25,000 | D | — | Feb 7, 2016 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1These options were exercised and the underlying shares were sold pursuant to a 10b5-1 trading plan adopted by the reporting person on May 6, 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.