SEC Form 4 · accession 0001035267-18-000119
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
Sep 4, 2018
Accepted (ET)
Sep 4, 2018 · 6:04 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 | Sep 4, 2018 | M | 562 | $328.4567 | A | 2,049 | D | |
| Common Stock | Sep 4, 2018 | S | 562 | $557.4812 | D | 1,487 | D | |
| Common Stock | Sep 4, 2018 | M | 563 | $238.9133 | A | 2,050 | D | |
| Common Stock | Sep 4, 2018 | S | 563 | $557.5804 | D | 1,487 | D | |
| Common Stock | Sep 4, 2018 | M | 304 | $230.9967 | A | 1,791 | D | |
| Common Stock | Sep 4, 2018 | S | 304 | $557.2891 | D | 1,487 | D | |
| Common Stock | Sep 4, 2018 | M | 305 | $178.3867 | A | 1,792 | D | |
| Common Stock | Sep 4, 2018 | S | 305 | $557.2891 | D | 1,487 | D | |
| Common Stock | Sep 4, 2018 | M | 459 | $177.6833 | A | 1,946 | D | |
| Common Stock | Sep 4, 2018 | S | 459 | $557.2891 | D | 1,487 | D | |
| Common Stock | Sep 4, 2018 | M | 459 | $171.3333 | A | 1,946 | D | |
| Common Stock | Sep 4, 2018 | S | 459 | $557.2891 | 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 | $171.3333 | Sep 4, 2018 | M | 459 | D | — | Feb 17, 2025 | Common Stock | 459 | 919 | D |
| Non-Qualified Stock Option (right to buy)F3 | $177.6833 | Sep 4, 2018 | M | 459 | D | — | Aug 17, 2025 | Common Stock | 459 | 917 | D |
| Non-Qualified Stock Option (right to buy)F2 | $178.3867 | Sep 4, 2018 | M | 305 | D | — | Feb 16, 2026 | Common Stock | 305 | 1,828 | D |
| Non-Qualified Stock Option (right to buy)F3 | $230.9967 | Sep 4, 2018 | M | 304 | D | — | Aug 15, 2026 | Common Stock | 304 | 1,829 | D |
| Non-Qualified Stock Option (right to buy)F2 | $238.9133 | Sep 4, 2018 | M | 563 | D | — | Feb 15, 2027 | Common Stock | 563 | 5,623 | D |
| Non-Qualified Stock Option (right to buy)F3 | $328.4567 | Sep 4, 2018 | M | 562 | D | — | Aug 15, 2027 | Common Stock | 562 | 5,624 | 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.