SEC Form 4 · accession 0001035267-18-000032
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
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 1:49 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 | Feb 20, 2018 | M | 1,500 | $113.73 | A | 11,552 | D | |
| Common Stock | Feb 20, 2018 | S | 1,500 | $419.9813 | D | 10,052 | D | |
| Common Stock | Feb 20, 2018 | M | 1,500 | $113.73 | A | 11,552 | D | |
| Common Stock | Feb 20, 2018 | S | 1,500 | $419.9333 | D | 10,052 | D | |
| Common Stock | Feb 20, 2018 | M | 1,500 | $111.4333 | A | 11,552 | D | |
| Common Stock | Feb 20, 2018 | S | 1,500 | $420.00 | D | 10,052 | D | |
| Common Stock | Feb 20, 2018 | M | 1,500 | $111.4333 | A | 11,552 | D | |
| Common Stock | Feb 20, 2018 | S | 1,500 | $420.003 | D | 10,052 | 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 | Feb 20, 2018 | M | 1,500 | D | — | Feb 16, 2020 | Common Stock | 1,500 | 1,500 | D |
| Non-Qualified Stock Option (right to buy)F2 | $111.4333 | Feb 20, 2018 | M | 1,500 | D | — | Feb 16, 2020 | Common Stock | 1,500 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $113.73 | Feb 20, 2018 | M | 1,500 | D | — | Feb 15, 2021 | Common Stock | 1,500 | 46,500 | D |
| Non-Qualified Stock Option (right to buy)F3 | $113.73 | Feb 20, 2018 | M | 1,500 | D | — | Feb 15, 2021 | Common Stock | 1,500 | 45,000 | 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.
- F3Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.