SEC Form 4 · accession 0001035267-16-000202
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marshall Mohr
Officer — SVP & CFO
Period of report
May 2, 2016
Accepted (ET)
May 2, 2016 · 6:04 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 | May 2, 2016 | M | 5,000 | $303.27 | A | 6,121 | D | |
| Common StockF2 | May 2, 2016 | S | 5,000 | $631.633 | D | 1,121 | 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)F3 | $303.27 | May 2, 2016 | M | 5,000 | D | — | Feb 15, 2018 | Common Stock | 5,000 | 13,200 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on September 11, 2015.
- F2The average selling price for the transactions was $631.632988 The shares sold at: $626.00 - $626.99 = 100 shares; $627.00 - $627.99 = 100 shares; $628.00 - $628.99 = 100 shares; $629.00 - $629.99 = 200 shares; $630.00 to $630.99 = 500 shares; $631.00 - $631.99 = 500 shares; $632.00 - $632.99 = 2,000 shares; $633.00 to $633.99 = 1,500 shares.
- F3Non-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.