SEC Form 4 · accession 0001035267-16-000189
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curet Myriam
Officer — SVP & Chief Medical Officer · Other
Period of report
Apr 22, 2016
Accepted (ET)
Apr 25, 2016 · 1:34 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 | Apr 22, 2016 | M | 5,600 | $341.19 | A | 6,263 | D | |
| Common Stock | Apr 22, 2016 | S | 5,600 | $637.7838 | D | 663 | D | |
| Common Stock | Apr 22, 2016 | M | 2,573 | $383.73 | A | 3,236 | D | |
| Common Stock | Apr 22, 2016 | S | 2,573 | $637.675 | D | 663 | 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)F1 | $341.19 | Apr 22, 2016 | M | 5,600 | D | — | Feb 15, 2021 | Common Stock | 5,600 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $383.73 | Apr 22, 2016 | M | 2,573 | D | — | Aug 15, 2023 | Common Stock | 2,573 | 677 | D |
Explanation of responses
- F1Non-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.
- 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.