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INTUITIVE SURGICAL INC — Director's Dealing 2017
Jul 25, 2017
29809_dirs_2017-07-25_18ead6a4-7795-4ebe-9a77-d677829581f5.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: 2017-07-24
Reporting Person: Friedman Michael A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-07-24 | Common Stock | M | 325 | $0.0 | Acquired | 977 | Direct |
| 2017-07-25 | Common Stock | M | 1000 | $557.2 | Acquired | 1977 | Direct |
| 2017-07-25 | Common Stock | S | 1000 | $945.603 | Disposed | 977 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-25 | Non-Qualified Stock Option (right to buy) | $557.2 | M | 1000 | Disposed | 2025-07-23 | Common Stock (1000) | Direct |
| 2017-07-24 | Restricted Stock Units | $0.0 | M | 325 | Disposed | 2019-07-23 | Common Stock (325) | Direct |
Footnotes
F1: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on June 12, 2017.
F2: Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 1/3rd one year after the date of grant and 1/36th each month thereafter.
F3: 1/3 of the grant will vest on the anniversary date of the grant over a three year period, provided however that vesting will cease on termination of the Director's service to the company.
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