SEC Form 4 · accession 0001035267-17-000109
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary S Guthart
Officer — President & CEO · Director
Period of report
Jul 27, 2017
Accepted (ET)
Jul 28, 2017 · 11:47 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 27, 2017 | M | 25,000 | $303.27 | A | 101,798 | D | |
| Common StockF2 | Jul 27, 2017 | S | 17,975 | $937.2709 | D | 83,823 | 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 | $303.27 | Jul 27, 2017 | M | 25,000 | D | — | Feb 15, 2018 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on January 27, 2017.
- F2The average selling price for the transactions was $937.270882 The shares sold at: $922.00 - $922.99 = 200 shares; $923.00 - $923.99 = 200 shares; $924.00 - $924.99 = 200 shares; $925.00 to $925.99 = 800 shares; $926.00 - $926.99 = 1,000 shares; $931.00 - $931.99 = 100 shares; $932.00 to $932.99 = 900 shares; $933.00 to $933.99 = 800 shares;$934.00 to $934.99 = 100 shares;$937.00 to $937.99 = 400 shares;$938.00 to $938.99 = 3,375 shares; $939.00 to $939.99 = 3,100 shares; $940.00 to $940.99 = 3,300 shares; $941.00 to $941.99 = 1,500 shares; $942.00 to $942.99 = 1,895 shares; $943.00 to $943.99 = 105 shares
- F3Non-statutory stock option granted pursuant to the 2000 Employee Stock Option Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.