SEC Form 4 · accession 0001035267-16-000203
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Stalk Jr.
Director
Period of report
May 3, 2016
Accepted (ET)
May 4, 2016 · 11:32 am 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 3, 2016 | M | 1,212 | $357.19 | A | 2,026 | D | |
| Common StockF1 | May 3, 2016 | S | 1,212 | $618.6989 | D | 814 | D | |
| Common Stock | May 3, 2016 | M | 2,500 | $579.24 | A | 3,314 | D | |
| Common StockF1 | May 3, 2016 | S | 2,500 | $618.6989 | D | 814 | D | |
| Common Stock | May 3, 2016 | M | 744 | $512.77 | A | 1,558 | D | |
| Common StockF1 | May 3, 2016 | S | 744 | $618.6989 | D | 814 | D | |
| Common Stock | May 3, 2016 | M | 1,063 | $371.32 | A | 1,877 | D | |
| Common StockF1 | May 3, 2016 | S | 1,063 | $618.6989 | D | 814 | D | |
| Common Stock | May 3, 2016 | M | 2,125 | $483.80 | A | 2,939 | D | |
| Common StockF1 | May 3, 2016 | S | 2,125 | $618.6989 | D | 814 | 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 | $357.19 | May 3, 2016 | M | 1,212 | D | — | Apr 21, 2021 | Common Stock | 1,212 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $371.32 | May 3, 2016 | M | 1,063 | D | — | Apr 24, 2024 | Common Stock | 1,063 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $483.80 | May 3, 2016 | M | 2,125 | D | — | Apr 25, 2023 | Common Stock | 2,125 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $512.77 | May 3, 2016 | M | 744 | D | — | Apr 23, 2025 | Common Stock | 744 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $579.24 | May 3, 2016 | M | 2,500 | D | — | Apr 19, 2022 | Common Stock | 2,500 | 0 | D |
Explanation of responses
- F1The average selling price for the transactions was $618.698939 The shares sold at: $615.00 - $615.99 = 400 shares; $616.00 - $616.99 = 700 shares; $617.00 - $617.99 = 1,350 shares; $618.00 to $618.99 = 1,250 shares; $619.00 - $619.99 = 415 shares; $620.00 - $620.99 = 3,529 shares.
- F2Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant date.