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INTUITIVE SURGICAL INC — Director's Dealing 2020
Jun 16, 2020
29809_dirs_2020-06-16_281b2301-0989-4821-81ae-c2997a669e65.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: 2020-06-15
Reporting Person: Rosa David J. (EVP and Chief Business Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-15 | Common Stock | M | 24000 | $113.73 | Acquired | 37269 | Direct |
| 2020-06-15 | Common Stock | S | 17950 | $553.4933 | Disposed | 19319 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-06-15 | 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 $553.49326. The shares sold at $544.87 = 100 shares; $546.247 - $546.50 = 1,323 shares; $547.20 - $547.87 = 1,100 shares; $548.41 - $548.98 = 525 shares; $549.97 - $549.98 - 1,600 shares; $550.15 - $550.72 = 2,304 shares; $551.02 - $551.709 = 250 shares; $552.31 - $552.31 = 400 shares; $555 - $555.03 = 3,350 shares; $556.34 - $556.88 = 1,156 shares; $557.08 - $557.955 = 2,628 shares; $558 - $558.33 = 3,214 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.