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INTUITIVE SURGICAL INC — Director's Dealing 2019
Feb 22, 2019
29809_dirs_2019-02-21_a8990672-2119-49dd-8d3c-3954e15a68c8.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: 2019-02-19
Reporting Person: MOHR MARSHALL (Executive VP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-19 | Common Stock | M | 2112 | $0.0 | Acquired | 12656 | Direct |
| 2019-02-19 | Common Stock | F | 1048 | $0.0 | Disposed | 11608 | Direct |
| 2019-02-19 | Common Stock | M | 1875 | $0.0 | Acquired | 13483 | Direct |
| 2019-02-19 | Common Stock | F | 930 | $0.0 | Disposed | 12553 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-19 | Restricted Stock Units | $0.0 | M | 2112 | Disposed | 2018-02-17 | Common Stock (2112) | Direct |
| 2019-02-19 | Restricted Stock Units | $0.0 | M | 1875 | Disposed | 2020-02-17 | Common Stock (1875) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 726 | Indirect |
Footnotes
F1: On 2/17/15, RSU shares were granted, vesting 25% per year over a four year period. RSUs convert into common stock on the vest date on a one-for-one basis. On 2/17/19, 25% of the shares were released and a portion of the shares were held back to cover the statutory tax withholding requirement. The net shares were deposited into the holders account.
F2: On 2/16/16, RSU shares were granted, vesting 25% per year over a four year period. RSUs convert into common stock on the vest date on a one-for-one basis. On 2/16/19, 25% of the shares were released and a portion of the shares were held back to cover the statutory tax withholding requirement. The net shares were deposited into the holders account.
F3: Each Restricted Stock Unit, granted pursuant to the 2010 Employee Stock Option Plan, represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period of time.