SEC Form 4 · accession 0001035267-18-000058
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jamie Samath
Officer — VP & Principal Accounting Offi
Period of report
Apr 20, 2018
Accepted (ET)
Apr 20, 2018 · 6:47 pm EDT
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 | Apr 20, 2018 | M | 178 | $328.4567 | A | 257 | D | |
| Common Stock | Apr 20, 2018 | S | 178 | $457.00 | D | 79 | D | |
| Common Stock | Apr 20, 2018 | M | 178 | $238.9133 | A | 257 | D | |
| Common Stock | Apr 20, 2018 | S | 178 | $457.8866 | D | 79 | D | |
| Common Stock | Apr 20, 2018 | M | 106 | $230.9967 | A | 185 | D | |
| Common Stock | Apr 20, 2018 | S | 106 | $457.8866 | D | 79 | D | |
| Common Stock | Apr 20, 2018 | M | 106 | $178.3867 | A | 185 | D | |
| Common Stock | Apr 20, 2018 | S | 106 | $457.8866 | D | 79 | D | |
| Common Stock | Apr 20, 2018 | M | 148 | $177.6833 | A | 227 | D | |
| Common Stock | Apr 20, 2018 | S | 148 | $457.8866 | D | 79 | D | |
| Common Stock | Apr 20, 2018 | M | 147 | $171.3333 | A | 226 | D | |
| Common Stock | Apr 20, 2018 | S | 147 | $457.8866 | D | 79 | D | |
| Common Stock | Apr 20, 2018 | M | 99 | $153.0467 | A | 178 | D | |
| Common Stock | Apr 20, 2018 | S | 99 | $457.8866 | D | 79 | D | |
| Common Stock | Apr 20, 2018 | M | 98 | $148.03 | A | 177 | D | |
| Common Stock | Apr 20, 2018 | S | 98 | $457.8866 | D | 79 | 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 | Apr 20, 2018 | M | 98 | D | — | Feb 18, 2024 | Common Stock | 98 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $153.0467 | Apr 20, 2018 | M | 99 | D | — | Aug 15, 2024 | Common Stock | 99 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $171.3333 | Apr 20, 2018 | M | 147 | D | — | Feb 17, 2025 | Common Stock | 147 | 493 | D |
| Non-Qualified Stock Option (right to buy)F3 | $177.6833 | Apr 20, 2018 | M | 148 | D | — | Aug 17, 2025 | Common Stock | 148 | 493 | D |
| Non-Qualified Stock Option (right to buy)F2 | $178.3867 | Apr 20, 2018 | M | 106 | D | — | Feb 16, 2026 | Common Stock | 106 | 773 | D |
| Non-Qualified Stock Option (right to buy)F3 | $230.9967 | Apr 20, 2018 | M | 106 | D | — | Aug 15, 2026 | Common Stock | 106 | 774 | D |
| Non-Qualified Stock Option (right to buy)F2 | $238.9133 | Apr 20, 2018 | M | 178 | D | — | Feb 15, 2027 | Common Stock | 178 | 2,020 | D |
| Non-Qualified Stock Option (right to buy)F3 | $328.4567 | Apr 20, 2018 | M | 178 | D | — | Aug 15, 2027 | Common Stock | 178 | 2,018 | D |
Explanation of responses
- F1The shares were sold subject to a 10b5-1 trading plan established on 11-1-17.
- 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.