SEC Form 4 · accession 0001035267-18-000141
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary S Guthart
Officer — President & CEO · Director
Period of report
Dec 3, 2018
Accepted (ET)
Dec 4, 2018 · 7:26 pm 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 | 40,834 | $111.4333 | A | 368,704 | D | |
| Common Stock | Dec 3, 2018 | S | 28,085 | $542.778 | D | 340,619 | D | |
| Common Stock | Dec 3, 2018 | G | 2,000 | $0.00 | D | 338,619 | 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)F3 | $111.4333 | Dec 3, 2018 | M | 40,834 | D | — | Feb 16, 2020 | Common Stock | 40,834 | 71,666 | D |
Explanation of responses
- F1The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 4, 2019.
- F2The shares were donated to a Donor Advised (TIMBO) Fund in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 4, 2019.
- F3Non-statutory stock option granted pursuant to the 2000 Employee Stock Option Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.