SEC Form 4 · accession 0001035267-17-000131
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith R Leonard
Director
Period of report
Aug 31, 2017
Accepted (ET)
Sep 1, 2017 · 11:27 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 | Aug 31, 2017 | M | 327 | $641.91 | A | 754 | D | |
| Common Stock | Aug 31, 2017 | S | 327 | $1,000.00 | D | 427 | D | |
| Common Stock | Aug 31, 2017 | M | 100 | $526.59 | A | 527 | D | |
| Common Stock | Aug 31, 2017 | S | 100 | $1,000.00 | D | 427 | D | |
| Common Stock | Aug 31, 2017 | S | 427 | $1,000.00 | 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 | $526.59 | Aug 31, 2017 | M | 100 | D | — | Jan 28, 2026 | Common Stock | 100 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $641.91 | Aug 31, 2017 | M | 327 | D | — | Apr 21, 2026 | Common Stock | 327 | 0 | D |
Explanation of responses
- F1These shares were sold pursuant to a 10b5-1 Trading Plan entered into on January 27, 2017.
- 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.
- F3Options will vest 100% on the earlier of the first anniversary of the date of grant or the date of the next annual stockholders meeting.