SEC Form 4 · accession 0001035267-17-000149

INTUITIVE SURGICAL INC · ISRG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP & Principal Accounting Offi

Period of report

Oct 24, 2017

Accepted (ET)

Oct 25, 2017 · 3:35 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
Common Stock^F1	Oct 24, 2017	M	474	$238.9133	A	474	D
Common Stock^F1	Oct 24, 2017	S	474	$371.1863	D	0	D
Common Stock^F1	Oct 24, 2017	M	104	$230.9967	A	104	D
Common Stock^F1	Oct 24, 2017	S	104	$371.1863	D	0	D
Common Stock^F1	Oct 24, 2017	M	108	$178.3867	A	108	D
Common Stock^F1	Oct 24, 2017	S	108	$371.1863	D	0	D
Common Stock^F1	Oct 24, 2017	M	145	$177.6833	A	145	D
Common Stock^F1	Oct 24, 2017	S	145	$371.1863	D	0	D
Common Stock^F1	Oct 24, 2017	M	148	$171.3333	A	148	D
Common Stock^F1	Oct 24, 2017	S	148	$371.1863	D	0	D
Common Stock^F1	Oct 24, 2017	M	292	$153.0467	A	292	D
Common Stock^F1	Oct 24, 2017	S	292	$371.1863	D	0	D
Common Stock^F1	Oct 24, 2017	M	293	$148.03	A	293	D
Common Stock^F1	Oct 24, 2017	S	293	$371.1863	D	0	D

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)^F1,F3	$148.03	Oct 24, 2017	M	293	D	—	Feb 18, 2024	Common Stock	293	391	D
Non-Qualified Stock Option (right to buy)^F1,F4	$153.0467	Oct 24, 2017	M	292	D	—	Aug 15, 2024	Common Stock	292	392	D
Non-Qualified Stock Option (right to buy)^F1,F3	$171.3333	Oct 24, 2017	M	148	D	—	Feb 17, 2025	Common Stock	148	788	D
Non-Qualified Stock Option (right to buy)^F1,F4	$177.6833	Oct 24, 2017	M	145	D	—	Aug 17, 2025	Common Stock	145	788	D
Non-Qualified Stock Option (right to buy)^F1,F3	$178.3867	Oct 24, 2017	M	108	D	—	Feb 16, 2026	Common Stock	108	984	D
Non-Qualified Stock Option (right to buy)^F1,F4	$230.9967	Oct 24, 2017	M	104	D	—	Aug 15, 2026	Common Stock	104	985	D
Non-Qualified Stock Option (right to buy)^F1,F3	$238.9133	Oct 24, 2017	M	474	D	—	Feb 15, 2027	Common Stock	474	2,376	D

F1On October 6, 2017, the common stock and equity grants of Intuitive Surgical split 3-for-1, resulting in the reporting person's ownership of the company's stock and equity grants to increase (for every one share owned or granted, 2 additional shares were issued) and the exercise price of stock option grants to decrease to 1/3rd of the original grant price.
F2These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on May 5, 2017.
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.