SEC Form 4 · accession 0001035267-17-000166
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Salvatore Brogna
Officer — EVP & Chief Operating Officer
Period of report
Dec 1, 2017
Accepted (ET)
Dec 4, 2017 · 3:07 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 | Dec 1, 2017 | M | 1,689 | $328.4567 | A | 3,096 | D | |
| Common Stock | Dec 1, 2017 | S | 1,689 | $400.00 | D | 1,407 | D | |
| Common Stock | Dec 1, 2017 | M | 1,689 | $238.9133 | A | 3,096 | D | |
| Common Stock | Dec 1, 2017 | S | 1,689 | $396.5855 | D | 1,407 | D | |
| Common Stock | Dec 1, 2017 | M | 305 | $230.9967 | A | 1,712 | D | |
| Common Stock | Dec 1, 2017 | S | 305 | $396.7595 | D | 1,407 | D | |
| Common Stock | Dec 1, 2017 | M | 306 | $178.3867 | A | 1,713 | D | |
| Common Stock | Dec 1, 2017 | S | 306 | $396.7595 | D | 1,407 | D | |
| Common Stock | Dec 1, 2017 | M | 459 | $177.6833 | A | 1,866 | D | |
| Common Stock | Dec 1, 2017 | S | 459 | $396.7595 | D | 1,407 | D | |
| Common Stock | Dec 1, 2017 | M | 460 | $171.3333 | A | 1,867 | D | |
| Common Stock | Dec 1, 2017 | S | 460 | $396.7595 | D | 1,407 | D | |
| Common Stock | Dec 1, 2017 | M | 588 | $153.0467 | A | 1,995 | D | |
| Common Stock | Dec 1, 2017 | S | 588 | $396.7595 | D | 1,407 | D | |
| Common Stock | Dec 1, 2017 | M | 586 | $148.03 | A | 1,993 | D | |
| Common Stock | Dec 1, 2017 | S | 586 | $396.7595 | D | 1,407 | 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 | $148.03 | Dec 1, 2017 | M | 586 | D | — | Feb 18, 2024 | Common Stock | 586 | 1,172 | D |
| Non-Qualified Stock Option (right to buy)F3 | $153.0467 | Dec 1, 2017 | M | 588 | D | — | Aug 15, 2024 | Common Stock | 588 | 1,170 | D |
| Non-Qualified Stock Option (right to buy)F2 | $171.3333 | Dec 1, 2017 | M | 460 | D | — | Feb 17, 2025 | Common Stock | 460 | 2,756 | D |
| Non-Qualified Stock Option (right to buy)F3 | $177.6833 | Dec 1, 2017 | M | 459 | D | — | Aug 17, 2025 | Common Stock | 459 | 2,757 | D |
| Non-Qualified Stock Option (right to buy)F2 | $178.3867 | Dec 1, 2017 | M | 306 | D | — | Feb 16, 2026 | Common Stock | 306 | 3,045 | D |
| Non-Qualified Stock Option (right to buy)F3 | $230.9967 | Dec 1, 2017 | M | 305 | D | — | Aug 15, 2026 | Common Stock | 305 | 3,046 | D |
| Non-Qualified Stock Option (right to buy)F2 | $238.9133 | Dec 1, 2017 | M | 1,689 | D | — | Feb 15, 2027 | Common Stock | 1,689 | 7,311 | D |
| Non-Qualified Stock Option (right to buy)F3 | $328.4567 | Dec 1, 2017 | M | 1,689 | D | — | Aug 15, 2027 | Common Stock | 1,689 | 7,311 | D |
Explanation of responses
- F1The shares were sold subject to a 10b5-1 trading plan established on 10-24-17.
- F2Non-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.
- F3Non-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.