SEC Form 4 · accession 0001035267-16-000220
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary S Guthart
Officer — President & CEO · Director
Period of report
Aug 1, 2016
Accepted (ET)
Aug 2, 2016 · 12:24 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 | Aug 1, 2016 | M | 17,500 | $112.66 | A | 78,780 | D | |
| Common Stock | Aug 1, 2016 | S | 13,400 | $697.9993 | D | 65,380 | 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 | $112.66 | Aug 1, 2016 | M | 17,500 | D | — | Feb 15, 2017 | Common Stock | 17,500 | 17,500 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on May 23, 2016.
- 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.