SEC Form 4 · accession 0001035267-15-000105
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lonnie M Smith
Director
Period of report
Oct 23, 2015
Accepted (ET)
Oct 23, 2015 · 5:45 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 | Oct 23, 2015 | M | 5,000 | $341.19 | A | 270,159 | D | |
| Common StockF1 | Oct 23, 2015 | S | 5,000 | $500.00 | D | 265,159 | D | |
| Common Stock | Oct 23, 2015 | M | 5,328 | $334.30 | A | 270,487 | D | |
| Common StockF1 | Oct 23, 2015 | S | 5,328 | $500.00 | D | 265,159 | D | |
| Common Stock | holding | — | — | — | 66,726 | I | by Trust |
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 | $334.30 | Oct 23, 2015 | M | 5,328 | D | — | Feb 16, 2020 | Common Stock | 5,328 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $341.19 | Oct 23, 2015 | M | 5,000 | D | — | Feb 15, 2021 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on November 25, 2014.
- 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.
- F3Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.