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INTUITIVE SURGICAL INC — Director's Dealing 2019
Feb 21, 2019
29809_dirs_2019-02-21_19d321bd-692c-4d79-acad-3f3c79cdcc0f.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: 2019-02-15
Reporting Person: Myriam Curet (EVP & Chief Medical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-15 | Common Stock | F | 645 | $0.0 | Disposed | 2417 | Direct |
| 2019-02-19 | Common Stock | M | 1500 | $0.0 | Acquired | 3917 | Direct |
| 2019-02-19 | Common Stock | F | 744 | $0.0 | Disposed | 3173 | Direct |
| 2019-02-19 | Common Stock | M | 1299 | $0.0 | Acquired | 4472 | Direct |
| 2019-02-20 | Common Stock | S | 1410 | $546.5617 | Disposed | 3062 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-19 | Restricted Stock Units | $0.0 | M | 1299 | Disposed | 2019-02-17 | Common Stock (1299) | Direct |
| 2019-02-19 | Restricted Stock Units | $0.0 | M | 1500 | Disposed | 2020-02-17 | Common Stock (1500) | Direct |
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: These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on April 30, 2019.
F4: 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.