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INTUITIVE SURGICAL INC — Director's Dealing 2017
Oct 25, 2017
29809_dirs_2017-10-25_4aaaa7b6-209e-46cf-942f-29e8656b8db4.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: 2017-10-24
Reporting Person: Myriam Curet (SVP & Chief Medical Officer, SVP & Chief Medical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-10-24 | Common Stock | M | 262 | $171.3333 | Acquired | 2296 | Direct |
| 2017-10-24 | Common Stock | S | 262 | $373.0 | Disposed | 2034 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-10-24 | Non-Qualified Stock Option (right to buy) | $171.3333 | M | 262 | Disposed | 2025-02-17 | Common Stock (262) | Direct |
Footnotes
F1: On October 6, 2017, the common stock and equity grants of Intuitive Surgical split 3-for-1, resulting in the reporting person's ownership of the company's stock and equity grants to increase (for every one share owned or granted, 2 additional shares were issued) and the exercise price of stock option grants to decrease to 1/3rd of the original grant price.
F2: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on May 5, 2017.
F3: Non-statutory stock option granted pursuant to the 2010 Employee Stock Option Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.