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INTUITIVE SURGICAL INC — Director's Dealing 2018
Jul 25, 2018
29809_dirs_2018-07-25_17260559-a691-42bb-ae69-6d3ca2fc1aae.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: 2018-07-24
Reporting Person: Rosa David J. (EVP & Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-07-24 | Common Stock | M | 20000 | $111.4333 | Acquired | 31141 | Direct |
| 2018-07-24 | Common Stock | S | 20000 | $524.4059 | Disposed | 11141 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-07-24 | Non-Qualified Stock Option (right to buy) | $111.4333 | M | 20000 | Disposed | 2020-02-16 | Common Stock (20000) | Direct |
Footnotes
F1: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into by the filer on March 14, 2018.
F2: The average selling price for the transactions was $524.405895 The shares sold at: $521.00 - $521.99 = 1,600 shares; $522.00 - $522.99 = 1,800 shares; $523.00 - $523.99 = 5,600 shares; $524.00 to $524.99 = 3,700 shares; $525.00 - $525.99 = 3,100 shares; $526.00 - $526.99 = 3,500 shares; $527.00 to $527.99 = 700 shares
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.