SEC Form 4 · accession 0001035267-17-000102
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
Jul 25, 2017
Accepted (ET)
Jul 25, 2017 · 5:51 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 | Jul 25, 2017 | M | 23 | $692.99 | A | 23 | D | |
| Common Stock | Jul 25, 2017 | S | 23 | $949.0083 | D | 0 | D | |
| Common Stock | Jul 25, 2017 | M | 23 | $535.16 | A | 23 | D | |
| Common Stock | Jul 25, 2017 | S | 23 | $949.0083 | D | 0 | D | |
| Common Stock | Jul 25, 2017 | M | 33 | $533.05 | A | 33 | D | |
| Common Stock | Jul 25, 2017 | S | 33 | $949.0083 | D | 0 | D | |
| Common Stock | Jul 25, 2017 | M | 33 | $514.00 | A | 33 | D | |
| Common Stock | Jul 25, 2017 | S | 33 | $949.0083 | D | 0 | D | |
| Common Stock | Jul 25, 2017 | M | 65 | $459.14 | A | 65 | D | |
| Common Stock | Jul 25, 2017 | S | 65 | $949.0083 | D | 0 | D | |
| Common Stock | Jul 25, 2017 | M | 65 | $444.09 | A | 65 | D | |
| Common Stock | Jul 25, 2017 | S | 65 | $949.0083 | D | 0 | 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 | $444.09 | Jul 25, 2017 | M | 65 | D | — | Feb 18, 2024 | Common Stock | 65 | 228 | D |
| Non-Qualified Stock Option (right to buy)F3 | $459.14 | Jul 25, 2017 | M | 65 | D | — | Aug 15, 2024 | Common Stock | 65 | 228 | D |
| Non-Qualified Stock Option (right to buy)F2 | $514.00 | Jul 25, 2017 | M | 33 | D | — | Feb 17, 2025 | Common Stock | 33 | 312 | D |
| Non-Qualified Stock Option (right to buy)F3 | $533.05 | Jul 25, 2017 | M | 33 | D | — | Aug 17, 2025 | Common Stock | 33 | 311 | D |
| Non-Qualified Stock Option (right to buy)F2 | $535.16 | Jul 25, 2017 | M | 23 | D | — | Feb 16, 2026 | Common Stock | 23 | 364 | D |
| Non-Qualified Stock Option (right to buy)F3 | $692.99 | Jul 25, 2017 | M | 23 | D | — | Aug 15, 2026 | Common Stock | 23 | 363 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on May 5, 2017.
- 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.