SEC Form 4 · accession 0001035267-16-000249
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J. Rosa
Officer — EVP & Chief Commercial Officer
Period of report
Nov 8, 2016
Accepted (ET)
Dec 14, 2016 · 11:26 am 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 | Nov 8, 2016 | G | 100 | $0.00 | D | 2,187 | D | |
| Common Stock | Dec 13, 2016 | M | 7,200 | $303.27 | A | 9,387 | D | |
| Common Stock | Dec 13, 2016 | S | 7,200 | $650.00 | D | 2,187 | 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 | $303.27 | Dec 13, 2016 | M | 7,200 | D | — | Feb 15, 2018 | Common Stock | 7,200 | 0 | D |
Explanation of responses
- F1These shares were sold pursuant to a 10b5-1 Plan entered into on 11-10-16.
- F2Non-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.