SEC Form 4 · accession 0001035267-19-000024

INTUITIVE SURGICAL INC · ISRG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP & Principal Accounting Offi

Period of report

Feb 19, 2019

Accepted (ET)

Feb 21, 2019 · 7:34 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
Common Stock	Feb 19, 2019	M	59	$238.9133	A	636	D
Common Stock	Feb 19, 2019	S	59	$544.00	D	577	D
Common Stock	Feb 19, 2019	M	35	$230.9967	A	612	D
Common Stock	Feb 19, 2019	S	35	$544.00	D	577	D
Common Stock	Feb 19, 2019	M	35	$178.3867	A	612	D
Common Stock	Feb 19, 2019	S	35	$544.00	D	577	D
Common Stock	Feb 19, 2019	M	50	$177.6833	A	627	D
Common Stock	Feb 19, 2019	S	50	$544.00	D	577	D
Common Stock	Feb 19, 2019	M	49	$171.3333	A	626	D
Common Stock	Feb 19, 2019	S	49	$544.00	D	577	D
Common Stock	Feb 19, 2019	M	843	$0.00	A	1,420	D
Common Stock	Feb 19, 2019	F	370	$0.00	D	1,050	D
Common Stock	Feb 19, 2019	M	730	$0.00	A	1,780	D
Common Stock	Feb 19, 2019	F	362	$0.00	D	1,418	D
Common Stock	Feb 20, 2019	S	1,339	$546.6068	D	79	D
Common Stock	Feb 21, 2019	M	431	$418.56	A	510	D
Common Stock	Feb 21, 2019	S	431	$550.00	D	79	D
Common Stock	Feb 21, 2019	M	238	$328.4567	A	317	D
Common Stock	Feb 21, 2019	S	238	$550.00	D	79	D

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)^F4	$171.3333	Feb 19, 2019	M	49	D	—	Feb 17, 2025	Common Stock	49	0	D
Non-Qualified Stock Option (right to buy)^F5	$177.6833	Feb 19, 2019	M	50	D	—	Aug 17, 2025	Common Stock	50	0	D
Non-Qualified Stock Option (right to buy)^F4	$178.3867	Feb 19, 2019	M	35	D	—	Feb 16, 2026	Common Stock	35	421	D
Non-Qualified Stock Option (right to buy)^F5	$230.9967	Feb 19, 2019	M	35	D	—	Aug 15, 2026	Common Stock	35	423	D
Non-Qualified Stock Option (right to buy)^F4	$238.9133	Feb 19, 2019	M	59	D	—	Feb 15, 2027	Common Stock	59	1,426	D
Non-Qualified Stock Option (right to buy)^F5	$328.4567	Feb 21, 2019	M	238	D	—	Aug 15, 2027	Common Stock	238	1,424	D
Non-Qualified Stock Option (right to buy)^F4	$418.56	Feb 21, 2019	M	431	D	—	Feb 15, 2028	Common Stock	431	1,294	D
Restricted Stock Units^F6	$0.00	Feb 19, 2019	M	730	D	—	Feb 17, 2019	Common Stock	730	0	D
Restricted Stock Units^F6	$0.00	Feb 19, 2019	M	843	D	—	Feb 17, 2020	Common Stock	843	843	D

F1These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 4, 2019.
F2On 2/16/16, RSU shares were granted, vesting 25% per year over a four year period. RSUs convert into common stock on the vest date on a one-for-one basis. On 2/16/19, 25% of the shares were released and a portion of the shares were held back to cover the statutory tax withholding requirement. The net shares were deposited into the holders account.
F3On 2/17/15, RSU shares were granted, vesting 25% per year over a four year period. RSUs convert into common stock on the vest date on a one-for-one basis. On 2/17/19, 25% of the shares were released and a portion of the shares were held back to cover the statutory tax withholding requirement. The net shares were deposited into the holders account.
F4Non-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.
F5Non-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.
F6Each Restricted Stock Unit, granted pursuant to the 2010 Employee Stock Option Plan, represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period of time.