SEC Form 4 · accession 0001035267-15-000113
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Salvatore Brogna
Officer — EVP - Product Operations
Period of report
Dec 1, 2015
Accepted (ET)
Dec 3, 2015 · 2:43 pm EST
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 | Dec 1, 2015 | M | 375 | $383.73 | A | 1,067 | D | |
| Common StockF1 | Dec 1, 2015 | S | 375 | $521.4236 | D | 692 | D | |
| Common Stock | holding | — | — | — | 600 | I | by Father |
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 | $383.73 | Dec 1, 2015 | M | 375 | D | — | Aug 15, 2023 | Common Stock | 375 | 1,875 | 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 July 31, 2015.
- F2Non-statutory stock option granted pursuant to the 2010 Employee Stock Option Plan. Option shall vest 7/48 one month after the date of grant and 1/48th each month thereafter.