SEC Form 4 · accession 0001140361-18-005146
INTUITIVE SURGICAL INC · ISRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lonnie M Smith
Director
Period of report
Feb 1, 2018
Accepted (ET)
Feb 5, 2018 · 7:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001035267
Table I — non-derivative securities
No Table I lines on this filing.
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,F1 | $168.41 | Feb 1, 2018 | D | 7,500 | D | — | Feb 15, 2022 | Common Stock | 7,500 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2,F1 | $172.4367 | Feb 1, 2018 | D | 7,500 | D | — | Aug 15, 2022 | Common Stock | 7,500 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2,F1 | $161.2667 | Feb 1, 2018 | D | 9,000 | D | — | Apr 25, 2023 | Common Stock | 9,000 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2,F1 | $123.7733 | Feb 1, 2018 | D | 4,500 | D | — | Apr 24, 2024 | Common Stock | 4,500 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2,F1 | $170.9233 | Feb 1, 2018 | D | 3,150 | D | — | Apr 23, 2025 | Common Stock | 3,150 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2,F1 | $213.97 | Feb 1, 2018 | D | 1,329 | D | — | Apr 21, 2026 | Common Stock | 1,329 | 0 | D |
Explanation of responses
- F1100% of the shares subject to the option were fully vested and exercisable immediately prior to cancellation.
- F2The option was cancelled with respect to the number of shares reported pursuant to an agreement between the reporting person and the issuer. The option cancellation was in partial satisfaction of the terms of a settlement of claims brought in a purported stockholder's derivative lawsuit against the reporting person, among other current and former officers and directors of the issuer, and the issuer as a nominal defendant.