SEC Form 4 · accession 0001035267-17-000080
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jamie Samath
Officer — VP & Principal Accounting Offi
Period of report
Apr 25, 2017
Accepted (ET)
Apr 27, 2017 · 2:21 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 | Apr 25, 2017 | M | 46 | $692.99 | A | 94 | D | |
| Common Stock | Apr 25, 2017 | S | 46 | $825.00 | D | 48 | D | |
| Common Stock | Apr 25, 2017 | M | 41 | $535.16 | A | 89 | D | |
| Common Stock | Apr 25, 2017 | S | 41 | $825.00 | D | 48 | D | |
| Common Stock | Apr 25, 2017 | M | 261 | $533.05 | A | 309 | D | |
| Common Stock | Apr 25, 2017 | S | 261 | $825.00 | D | 48 | D | |
| Common Stock | Apr 25, 2017 | M | 278 | $514.00 | A | 326 | D | |
| Common Stock | Apr 25, 2017 | S | 278 | $825.00 | D | 48 | 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 | $514.00 | Apr 25, 2017 | M | 278 | D | — | Feb 17, 2025 | Common Stock | 278 | 510 | D |
| Non-Qualified Stock Option (right to buy)F3 | $533.05 | Apr 25, 2017 | M | 261 | D | — | Aug 17, 2025 | Common Stock | 261 | 526 | D |
| Non-Qualified Stock Option (right to buy)F2 | $535.16 | Apr 25, 2017 | M | 41 | D | — | Feb 16, 2026 | Common Stock | 41 | 522 | D |
| Non-Qualified Stock Option (right to buy)F3 | $692.99 | Apr 25, 2017 | M | 46 | D | — | Aug 15, 2026 | Common Stock | 46 | 516 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on November 21, 2016.
- 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.
- F3Non-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.