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INTUITIVE SURGICAL INC — Director's Dealing 2020
Aug 6, 2020
29809_dirs_2020-08-06_5e4cc310-f645-413a-9600-a524309261ac.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: 2020-08-05
Reporting Person: Rosa David J. (EVP and Chief Business Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-05 | Common Stock | M | 24000 | $113.73 | Acquired | 43319 | Direct |
| 2020-08-05 | Common Stock | S | 16840 | $693.0176 | Disposed | 26479 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-05 | Non-Qualified Stock Option (right to buy) | $113.73 | M | 24000 | Disposed | 2021-02-15 | Common Stock (24000) | Direct |
Footnotes
F1: These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 13,2021.
F2: The average selling price for the transaction was $693.017550. The shares sold at $685.32 - $655.54 = 200 shares; $686.75 = 600 shares; $687.65 = 320 shares; $689.245 - $689.79 = 1,100 shares; $690.493 = 200 shares; $691.00 - $$691.90 = 1,906 shares; $692.279 - $693.018 = 2,443 shares; $693.06 - $$693.97 = 2,432 shares; $694.20 - $694.99 = 4,179 shares; $695.00 - $695.82 = 2,915 shares; $696.44 - $696.51 = 345 shares; $697 = 200 shares
F3: Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.