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INTUITIVE SURGICAL INC — Director's Dealing 2019
Feb 22, 2019
29809_dirs_2019-02-21_04ca5873-3d48-4740-a28f-3d9058492989.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: Andersen Reiter Kara (Sr VP General Counsel & CCO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-19 | Common Stock | M | 750 | $0.0 | Acquired | 5210 | Direct |
| 2019-02-19 | Common Stock | F | 372 | $0.0 | Disposed | 4838 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-19 | Restricted Stock Units | $0.0 | M | 750 | Disposed | 2020-02-16 | Common Stock (750) | Direct |
Footnotes
F1: 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.
F2: 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.