AI assistant
INTUITIVE SURGICAL INC — Director's Dealing 2012
Jul 25, 2012
29809_dirs_2012-07-25_a582ffc3-faf7-44bf-8bdd-63ce5025f829.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2012-05-08
Reporting Person: SMITH LONNIE M (Director, Chairman of the Board)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-05-08 | Common Stock | G | 1500.0 | $0.0 | Disposed | 289775.0 | Direct |
| 2012-05-14 | Common Stock | G | 15000.0 | $0.0 | Disposed | 274775.0 | Direct |
| 2012-07-24 | Common Stock | M | 12500.0 | $47.86 | Acquired | 287275.0 | Direct |
| 2012-07-24 | Common Stock | S | 12500.0 | $473.1781 | Disposed | 274775.0 | Direct |
| 2012-07-24 | Common Stock | M | 5000.0 | $106.69 | Acquired | 279775.0 | Direct |
| 2012-07-24 | Common Stock | S | 5000.0 | $473.1781 | Disposed | 274775.0 | Direct |
| 2012-05-14 | Common Stock | G | 15000.0 | $0.0 | Acquired | 110681.0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-07-24 | Non-Qualified Stock Option (right to buy) | $47.86 | M | 12500.0 | Disposed | 2015-02-11 | Common Stock (12500.0) | Direct |
| 2012-07-24 | Non-Qualified Stock Option (right to buy) | $106.69 | M | 5000.0 | Disposed | 2016-02-07 | Common Stock (5000.0) | Direct |
Footnotes
F1: These shares were gifted from the account of Lonnie Smith & Cheryl Smith, Community Property to The Churst of Jesus Christ of Latter-Day Saints.
F2: These shares were gifted from the account of Lonnie Smith & Cheryl Smith, Community Property to an indirect holding, McKram Investors II LLC.
F3: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on March 8, 2012.
F4: The average selling price for the transactions was $473.178106 The shares sold at: $470.00 - $470.99 = 1,850 shares; $471.00 to $471.99 = 200 shares; $472.00 - $472.99 = 2,160 shares; $473.00 - $473.99 = 9,690 shares; $474.00 - $474.99 = 3,100 shares; $475.00 - $475.99 = 375 shares; $478.00 - $478.99 = 125 shares.
F5: These shares were received from the account of Lonnie Smith & Cheryl Smith, Community Property and are now held in an indirect holding at McKram Investors II, LLC.
F6: Non-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.