SEC Form 4 · accession 0001035267-18-000090
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curet Myriam
Officer — EVP & Chief Medical Officer · Other
Period of report
Jul 24, 2018
Accepted (ET)
Jul 25, 2018 · 6:19 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 | Jul 24, 2018 | M | 262 | $171.3333 | A | 2,232 | D | |
| Common Stock | Jul 24, 2018 | S | 262 | $523.4629 | D | 1,970 | D | |
| Common Stock | Jul 24, 2018 | M | 188 | $178.3867 | A | 2,158 | D | |
| Common Stock | Jul 24, 2018 | S | 188 | $523.4629 | D | 1,970 | D | |
| Common Stock | Jul 24, 2018 | M | 262 | $177.6833 | A | 2,232 | D | |
| Common Stock | Jul 24, 2018 | S | 262 | $523.4629 | D | 1,970 | 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 | $171.3333 | Jul 24, 2018 | M | 262 | D | — | Feb 17, 2025 | Common Stock | 262 | 613 | D |
| Non-Qualified Stock Option (right to buy)F3 | $177.6833 | Jul 24, 2018 | M | 262 | D | — | Aug 17, 2025 | Common Stock | 262 | 611 | D |
| Non-Qualified Stock Option (right to buy)F2 | $178.3867 | Jul 24, 2018 | M | 188 | D | — | Feb 16, 2026 | Common Stock | 188 | 1,187 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on June 15, 2018.
- 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.