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INTUITIVE SURGICAL INC — Director's Dealing 2017
Jul 28, 2017
29809_dirs_2017-07-28_c70ed7ae-a0d8-479d-963d-227ddfd77d5d.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: 2017-07-27
Reporting Person: GUTHART GARY S (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-07-27 | Common Stock | M | 25000 | $303.27 | Acquired | 101798 | Direct |
| 2017-07-27 | Common Stock | S | 17975 | $937.2709 | Disposed | 83823 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-27 | Non-Qualified Stock Option (right to buy) | $303.27 | M | 25000 | Disposed | 2018-02-15 | Common Stock (25000) | Direct |
Footnotes
F1: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on January 27, 2017.
F2: The average selling price for the transactions was $937.270882 The shares sold at: $922.00 - $922.99 = 200 shares; $923.00 - $923.99 = 200 shares; $924.00 - $924.99 = 200 shares; $925.00 to $925.99 = 800 shares; $926.00 - $926.99 = 1,000 shares; $931.00 - $931.99 = 100 shares; $932.00 to $932.99 = 900 shares; $933.00 to $933.99 = 800 shares;$934.00 to $934.99 = 100 shares;$937.00 to $937.99 = 400 shares;$938.00 to $938.99 = 3,375 shares; $939.00 to $939.99 = 3,100 shares; $940.00 to $940.99 = 3,300 shares; $941.00 to $941.99 = 1,500 shares; $942.00 to $942.99 = 1,895 shares; $943.00 to $943.99 = 105 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.