SEC Form 4 · accession 0001035267-18-000140
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
Dec 3, 2018
Accepted (ET)
Dec 4, 2018 · 10:26 am 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 | Dec 3, 2018 | M | 562 | $238.9133 | A | 2,049 | D | |
| Common Stock | Dec 3, 2018 | S | 562 | $541.8778 | D | 1,487 | D | |
| Common Stock | Dec 3, 2018 | M | 305 | $230.9967 | A | 1,792 | D | |
| Common Stock | Dec 3, 2018 | S | 305 | $541.8778 | D | 1,487 | D | |
| Common Stock | Dec 3, 2018 | M | 304 | $178.3867 | A | 1,791 | D | |
| Common Stock | Dec 3, 2018 | S | 304 | $541.8778 | D | 1,487 | D | |
| Common Stock | Dec 3, 2018 | M | 459 | $177.6833 | A | 1,946 | D | |
| Common Stock | Dec 3, 2018 | S | 459 | $541.8778 | D | 1,487 | D | |
| Common Stock | Dec 3, 2018 | M | 460 | $171.3333 | A | 1,947 | D | |
| Common Stock | Dec 3, 2018 | S | 460 | $541.8778 | 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 | Dec 3, 2018 | M | 460 | D | — | Feb 17, 2025 | Common Stock | 460 | 459 | D |
| Non-Qualified Stock Option (right to buy)F3 | $177.6833 | Dec 3, 2018 | M | 459 | D | — | Aug 17, 2025 | Common Stock | 459 | 458 | D |
| Non-Qualified Stock Option (right to buy)F2 | $178.3867 | Dec 3, 2018 | M | 304 | D | — | Feb 16, 2026 | Common Stock | 304 | 1,524 | D |
| Non-Qualified Stock Option (right to buy)F3 | $230.9967 | Dec 3, 2018 | M | 305 | D | — | Aug 15, 2026 | Common Stock | 305 | 1,524 | D |
| Non-Qualified Stock Option (right to buy)F2 | $238.9133 | Dec 3, 2018 | M | 562 | D | — | Feb 15, 2027 | Common Stock | 562 | 5,061 | D |
Explanation of responses
- F1These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on September 10, 2019.
- 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.