SEC Form 4 · accession 0001035267-18-000042
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Rubash
Director
Period of report
Mar 6, 2018
Accepted (ET)
Mar 7, 2018 · 4:17 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 6, 2018 | M | 1,000 | $170.9233 | A | 4,453 | D | |
| Common Stock | Mar 6, 2018 | S | 1,000 | $430.00 | D | 3,453 | 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 | $170.9233 | Mar 6, 2018 | M | 1,000 | D | — | Apr 23, 2025 | Common Stock | 1,000 | 232 | D |
Explanation of responses
- F1These options were exercised and the underlying shares sold pursuant to a 10b5-1 trading plan adopted by the reporting person on January 30, 2018.
- F2Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company.