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INTUITIVE SURGICAL INC — Director's Dealing 2018
Feb 6, 2018
29809_dirs_2018-02-05_763212d2-6e50-4817-8e2f-2a2a9fbe803f.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: 2018-02-01
Reporting Person: SMITH LONNIE M (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-01 | Non-Qualified Stock Option (right to buy) | $168.41 | D | 7500 | Disposed | 2022-02-15 | Common Stock (7500) | Direct |
| 2018-02-01 | Non-Qualified Stock Option (right to buy) | $172.4367 | D | 7500 | Disposed | 2022-08-15 | Common Stock (7500) | Direct |
| 2018-02-01 | Non-Qualified Stock Option (right to buy) | $161.2667 | D | 9000 | Disposed | 2023-04-25 | Common Stock (9000) | Direct |
| 2018-02-01 | Non-Qualified Stock Option (right to buy) | $123.7733 | D | 4500 | Disposed | 2024-04-24 | Common Stock (4500) | Direct |
| 2018-02-01 | Non-Qualified Stock Option (right to buy) | $170.9233 | D | 3150 | Disposed | 2025-04-23 | Common Stock (3150) | Direct |
| 2018-02-01 | Non-Qualified Stock Option (right to buy) | $213.97 | D | 1329 | Disposed | 2026-04-21 | Common Stock (1329) | Direct |
Footnotes
F1: 100% of the shares subject to the option were fully vested and exercisable immediately prior to cancellation.
F2: The option was cancelled with respect to the number of shares reported pursuant to an agreement between the reporting person and the issuer. The option cancellation was in partial satisfaction of the terms of a settlement of claims brought in a purported stockholder's derivative lawsuit against the reporting person, among other current and former officers and directors of the issuer, and the issuer as a nominal defendant.