SEC Form 4 · accession 0001035267-18-000040
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
Mar 1, 2018
Accepted (ET)
Mar 2, 2018 · 3:02 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 | Mar 1, 2018 | M | 562 | $328.4567 | A | 6,159 | D | |
| Common Stock | Mar 1, 2018 | S | 562 | $420.4479 | D | 5,597 | D | |
| Common Stock | Mar 1, 2018 | M | 563 | $238.9133 | A | 6,160 | D | |
| Common Stock | Mar 1, 2018 | S | 563 | $420.1205 | D | 5,597 | D | |
| Common Stock | Mar 1, 2018 | M | 305 | $230.9967 | A | 5,902 | D | |
| Common Stock | Mar 1, 2018 | S | 305 | $421.3965 | D | 5,597 | D | |
| Common Stock | Mar 1, 2018 | M | 304 | $178.3867 | A | 5,901 | D | |
| Common Stock | Mar 1, 2018 | S | 304 | $421.3965 | D | 5,597 | D | |
| Common Stock | Mar 1, 2018 | M | 459 | $177.6833 | A | 6,056 | D | |
| Common Stock | Mar 1, 2018 | S | 459 | $421.3965 | D | 5,597 | D | |
| Common Stock | Mar 1, 2018 | M | 459 | $171.3333 | A | 6,056 | D | |
| Common Stock | Mar 1, 2018 | S | 459 | $421.3965 | D | 5,597 | D | |
| Common Stock | Mar 1, 2018 | M | 585 | $153.0467 | A | 6,182 | D | |
| Common Stock | Mar 1, 2018 | S | 585 | $421.3965 | D | 5,597 | D | |
| Common Stock | Mar 1, 2018 | M | 587 | $148.03 | A | 6,184 | D | |
| Common Stock | Mar 1, 2018 | S | 587 | $421.3965 | D | 5,597 | D | |
| Common Stock | Mar 1, 2018 | S | 4,110 | $421.6479 | D | 1,487 | 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 | Mar 1, 2018 | M | 587 | D | — | Feb 18, 2024 | Common Stock | 587 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $153.0467 | Mar 1, 2018 | M | 585 | D | — | Aug 15, 2024 | Common Stock | 585 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $171.3333 | Mar 1, 2018 | M | 459 | D | — | Feb 17, 2025 | Common Stock | 459 | 1,838 | D |
| Non-Qualified Stock Option (right to buy)F3 | $177.6833 | Mar 1, 2018 | M | 459 | D | — | Aug 17, 2025 | Common Stock | 459 | 1,836 | D |
| Non-Qualified Stock Option (right to buy)F2 | $178.3867 | Mar 1, 2018 | M | 304 | D | — | Feb 16, 2026 | Common Stock | 304 | 2,438 | D |
| Non-Qualified Stock Option (right to buy)F3 | $230.9967 | Mar 1, 2018 | M | 305 | D | — | Aug 15, 2026 | Common Stock | 305 | 2,438 | D |
| Non-Qualified Stock Option (right to buy)F2 | $238.9133 | Mar 1, 2018 | M | 563 | D | — | Feb 15, 2027 | Common Stock | 563 | 6,748 | D |
| Non-Qualified Stock Option (right to buy)F3 | $328.4567 | Mar 1, 2018 | M | 562 | D | — | Aug 15, 2027 | Common Stock | 562 | 6,749 | 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.