SEC Form 4 · accession 0001035267-17-000163
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Meltzer
Officer — SVP General Counsel & CCO
Period of report
Nov 27, 2017
Accepted (ET)
Nov 28, 2017 · 2:31 pm EST
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 | Nov 27, 2017 | M | 3,000 | $111.4333 | A | 9,888 | D | |
| Common Stock | Nov 27, 2017 | S | 3,000 | $400.00 | D | 6,888 | 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 | $111.4333 | Nov 27, 2017 | M | 3,000 | D | — | Feb 16, 2020 | Common Stock | 3,000 | 10,500 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on June 15, 2017.
- F2Non-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.