SEC Form 4 · accession 0001035267-17-000043
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Salvatore Brogna
Officer — EVP - Product Operations
Period of report
Mar 1, 2017
Accepted (ET)
Mar 2, 2017 · 11:36 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 | Mar 1, 2017 | M | 406 | $535.16 | A | 1,990 | D | |
| Common Stock | Mar 1, 2017 | S | 406 | $736.80 | D | 1,584 | D | |
| Common Stock | Mar 1, 2017 | M | 1,225 | $533.05 | A | 2,809 | D | |
| Common Stock | Mar 1, 2017 | S | 1,225 | $736.80 | D | 1,584 | D | |
| Common Stock | Mar 1, 2017 | M | 460 | $514.00 | A | 2,044 | D | |
| Common Stock | Mar 1, 2017 | S | 460 | $736.80 | D | 1,584 | D | |
| Common Stock | Mar 1, 2017 | M | 586 | $459.14 | A | 2,170 | D | |
| Common Stock | Mar 1, 2017 | S | 586 | $736.80 | D | 1,584 | D | |
| Common Stock | Mar 1, 2017 | M | 1,125 | $383.73 | A | 2,709 | D | |
| Common Stock | Mar 1, 2017 | S | 1,125 | $736.80 | D | 1,584 | D | |
| Common Stock | Mar 1, 2017 | M | 1,125 | $569.21 | A | 2,709 | D | |
| Common Stock | Mar 1, 2017 | S | 1,125 | $736.80 | D | 1,584 | D | |
| Common Stock | Mar 1, 2017 | M | 586 | $444.09 | A | 2,170 | D | |
| Common Stock | Mar 1, 2017 | S | 586 | $736.80 | D | 1,584 | D | |
| Common Stock | Mar 1, 2017 | S | 1,115 | $736.80 | D | 469 | 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 | $383.73 | Mar 1, 2017 | M | 1,125 | D | — | Aug 15, 2023 | Common Stock | 1,125 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $444.09 | Mar 1, 2017 | M | 586 | D | — | Feb 18, 2024 | Common Stock | 586 | 781 | D |
| Non-Qualified Stock Option (right to buy)F2 | $459.14 | Mar 1, 2017 | M | 586 | D | — | Aug 15, 2024 | Common Stock | 586 | 781 | D |
| Non-Qualified Stock Option (right to buy)F3 | $514.00 | Mar 1, 2017 | M | 460 | D | — | Feb 17, 2025 | Common Stock | 460 | 1,225 | D |
| Non-Qualified Stock Option (right to buy)F2 | $533.05 | Mar 1, 2017 | M | 1,225 | D | — | Aug 17, 2025 | Common Stock | 1,225 | 1,225 | D |
| Non-Qualified Stock Option (right to buy)F3 | $535.16 | Mar 1, 2017 | M | 406 | D | — | Feb 16, 2026 | Common Stock | 406 | 1,219 | D |
| Non-Qualified Stock Option (right to buy)F4 | $569.21 | Mar 1, 2017 | M | 1,125 | D | — | Feb 15, 2023 | Common Stock | 1,125 | 0 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on October 21, 2016.
- 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.
- F3Non-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.
- F4Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.