SEC Form 4 · accession 0001035267-17-000106
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan J Levy
Director
Period of report
Jul 25, 2017
Accepted (ET)
Jul 27, 2017 · 10:14 am 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 | 312 | $371.32 | A | 2,525 | D | |
| Common Stock | Jul 25, 2017 | S | 312 | $948.6937 | D | 2,213 | D | |
| Common Stock | Jul 25, 2017 | M | 687 | $357.19 | A | 2,900 | D | |
| Common Stock | Jul 25, 2017 | S | 687 | $948.6937 | D | 2,213 | 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 | $357.19 | Jul 25, 2017 | M | 687 | D | — | Apr 21, 2021 | Common Stock | 687 | 687 | D |
| Non-Qualified Stock Option (right to buy)F2 | $371.32 | Jul 25, 2017 | M | 312 | D | — | Apr 24, 2024 | Common Stock | 312 | 312 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on November 29, 2016.
- 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.