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INTUITIVE SURGICAL INC — Director's Dealing 2016
May 2, 2016
29809_dirs_2016-05-02_eba03d74-5bb0-41da-97c4-38522fd8d409.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2016-05-02
Reporting Person: MOHR MARSHALL (SVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-02 | Common Stock | M | 5000.0 | $303.27 | Acquired | 6121 | Direct |
| 2016-05-02 | Common Stock | S | 5000.0 | $631.633 | Disposed | 1121 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-02 | Non-Qualified Stock Option (right to buy) | $303.27 | M | 5000.0 | Disposed | 2018-02-15 | Common Stock (5000) | Direct |
Footnotes
F1: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on September 11, 2015.
F2: The average selling price for the transactions was $631.632988 The shares sold at: $626.00 - $626.99 = 100 shares; $627.00 - $627.99 = 100 shares; $628.00 - $628.99 = 100 shares; $629.00 - $629.99 = 200 shares; $630.00 to $630.99 = 500 shares; $631.00 - $631.99 = 500 shares; $632.00 - $632.99 = 2,000 shares; $633.00 to $633.99 = 1,500 shares.
F3: 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.