SEC Form 4 · accession 0001035267-17-000089
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
Jun 1, 2017
Accepted (ET)
Jun 2, 2017 · 1:24 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 | Jun 1, 2017 | M | 508 | $692.99 | A | 977 | D | |
| Common Stock | Jun 1, 2017 | S | 508 | $915.09 | D | 469 | D | |
| Common Stock | Jun 1, 2017 | M | 102 | $535.16 | A | 571 | D | |
| Common Stock | Jun 1, 2017 | S | 102 | $915.09 | D | 469 | D | |
| Common Stock | Jun 1, 2017 | M | 153 | $533.05 | A | 622 | D | |
| Common Stock | Jun 1, 2017 | S | 153 | $915.09 | D | 469 | D | |
| Common Stock | Jun 1, 2017 | M | 153 | $514.00 | A | 622 | D | |
| Common Stock | Jun 1, 2017 | S | 153 | $915.09 | D | 469 | D | |
| Common Stock | Jun 1, 2017 | M | 195 | $459.14 | A | 664 | D | |
| Common Stock | Jun 1, 2017 | S | 195 | $915.09 | D | 469 | D | |
| Common Stock | Jun 1, 2017 | M | 195 | $444.09 | A | 664 | D | |
| Common Stock | Jun 1, 2017 | S | 195 | $915.09 | 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)F3 | $444.09 | Jun 1, 2017 | M | 195 | D | — | Feb 18, 2024 | Common Stock | 195 | 586 | D |
| Non-Qualified Stock Option (right to buy)F4 | $459.14 | Jun 1, 2017 | M | 195 | D | — | Aug 15, 2024 | Common Stock | 195 | 586 | D |
| Non-Qualified Stock Option (right to buy)F3 | $514.00 | Jun 1, 2017 | M | 153 | D | — | Feb 17, 2025 | Common Stock | 153 | 1,072 | D |
| Non-Qualified Stock Option (right to buy)F4 | $533.05 | Jun 1, 2017 | M | 153 | D | — | Aug 17, 2025 | Common Stock | 153 | 1,072 | D |
| Non-Qualified Stock Option (right to buy)F3 | $535.16 | Jun 1, 2017 | M | 102 | D | — | Feb 16, 2026 | Common Stock | 102 | 1,117 | D |
| Non-Qualified Stock Option (right to buy)F4 | $692.99 | Jun 1, 2017 | M | 508 | D | — | Aug 15, 2026 | Common Stock | 508 | 1,117 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on October 21, 2016.
- F2These options were exercised and the underlying shares sold pursuant to a 10b5-1 trading plan adopted by the reporting person on June 12, 2014.
- 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 Employee Stock Option Plan. Option shall vest 7/48 one month after the date of grant and 1/48th each month thereafter.