SEC Form 4 · accession 0001035267-17-000075
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Friedman
Director
Period of report
Apr 20, 2017
Accepted (ET)
Apr 24, 2017 · 5:12 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 StockF1 | Apr 20, 2017 | M | 327 | $0.00 | A | 652 | 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 | $814.45 | Apr 20, 2017 | A | 515 | A | — | Apr 20, 2027 | Common Stock | 515 | 515 | D |
| Restricted Stock UnitsF3 | $0.00 | Apr 20, 2017 | A | 171 | A | — | Feb 21, 2018 | Common Stock | 171 | 171 | D |
| Restricted Stock UnitsF3 | $0.00 | Apr 20, 2017 | M | 327 | D | — | Apr 21, 2020 | Common Stock | 327 | 0 | D |
Explanation of responses
- F1These shares were acquired from the vest and release of an RSU grant previously issued to the Filer.
- 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 or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company.
- F3100% of the grant will vest on the anniversary date of the grant or the next Annual Shareholders Meeting, whichever takes place first, provided however that vesting will cease on termination of the Director's service to the company.