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INTUITIVE SURGICAL INC — Director's Dealing 2020
May 6, 2020
29809_dirs_2020-05-06_fec37285-a7bf-4465-a6a8-f586c2f826c5.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: 2020-05-05
Reporting Person: GUTHART GARY S (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-05-05 | Common Stock | M | 31875 | $113.73 | Acquired | 417298 | Direct |
| 2020-05-05 | Common Stock | S | 23430 | $510.3776 | Disposed | 393868 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-05-05 | Non-Qualified Stock Option (right to buy) | $113.73 | M | 31875 | Disposed | 2021-02-15 | Common Stock (31875) | Direct |
Footnotes
F1: The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 5, 2020.
F2: The average selling price for the transactions was $510.377630.The shares sold at: $504.765 = 100 shares; $506.70 - $506.93 = 479 shares; $507.09 - $507.99 = 1,029 shares; $508.65 - $508.67 = 2,100 shares; $509 - $509.98 = 3,598 shares; $510 - $510.94 = 6,998 shares; $511 - $511.99 = 3,100 shares; $512 - $512.66 = 6,026 shares.
F3: Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.