SEC Form 4 · accession 0001035267-18-000130
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
Oct 23, 2018
Accepted (ET)
Oct 24, 2018 · 1:18 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 | Oct 23, 2018 | M | 178 | $328.4567 | A | 257 | D | |
| Common Stock | Oct 23, 2018 | S | 178 | $499.00 | D | 79 | D | |
| Common Stock | Oct 23, 2018 | M | 179 | $238.9133 | A | 258 | D | |
| Common Stock | Oct 23, 2018 | S | 179 | $499.2663 | D | 79 | D | |
| Common Stock | Oct 23, 2018 | M | 106 | $230.9967 | A | 185 | D | |
| Common Stock | Oct 23, 2018 | S | 106 | $499.2663 | D | 79 | D | |
| Common Stock | Oct 23, 2018 | M | 106 | $178.3867 | A | 185 | D | |
| Common Stock | Oct 23, 2018 | S | 106 | $499.2663 | D | 79 | D | |
| Common Stock | Oct 23, 2018 | M | 147 | $177.6833 | A | 226 | D | |
| Common Stock | Oct 23, 2018 | S | 147 | $499.2663 | D | 79 | D | |
| Common Stock | Oct 23, 2018 | M | 148 | $171.3333 | A | 227 | D | |
| Common Stock | Oct 23, 2018 | S | 148 | $499.2663 | 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 | $171.3333 | Oct 23, 2018 | M | 148 | D | — | Feb 17, 2025 | Common Stock | 148 | 197 | D |
| Non-Qualified Stock Option (right to buy)F3 | $177.6833 | Oct 23, 2018 | M | 147 | D | — | Aug 17, 2025 | Common Stock | 147 | 198 | D |
| Non-Qualified Stock Option (right to buy)F2 | $178.3867 | Oct 23, 2018 | M | 106 | D | — | Feb 16, 2026 | Common Stock | 106 | 562 | D |
| Non-Qualified Stock Option (right to buy)F3 | $230.9967 | Oct 23, 2018 | M | 106 | D | — | Aug 15, 2026 | Common Stock | 106 | 563 | D |
| Non-Qualified Stock Option (right to buy)F2 | $238.9133 | Oct 23, 2018 | M | 179 | D | — | Feb 15, 2027 | Common Stock | 179 | 1,663 | D |
| Non-Qualified Stock Option (right to buy)F3 | $328.4567 | Oct 23, 2018 | M | 178 | D | — | Aug 15, 2027 | Common Stock | 178 | 1,662 | D |
Explanation of responses
- F1These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 1, 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.