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INTUITIVE SURGICAL INC — Director's Dealing 2020
Feb 6, 2020
29809_dirs_2020-02-06_41085378-a4a5-4f60-8dd2-db794b6e050e.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: 2020-02-05
Reporting Person: GUTHART GARY S (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-05 | Common Stock | M | 31875 | $113.73 | Acquired | 403603 | Direct |
| 2020-02-05 | Common Stock | S | 22233 | $576.5609 | Disposed | 381370 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-05 | 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 $576.560879.The shares sold at:$573.48 to $573.98 = 834 shares;$574 to 574.98 = 5,880 shares; $575 to $575.95 = 3,512 shares; $576.05 to $576.93 = 2,457 shares; $577.09 to $599.99 = 5,591 shares; $578.16 to $578.87 = 528 shares; $579.03 to $579.96 = 2,320 shares; $580.29 to $580.94 = 700 shares; $581.36 to $582 = 411 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.