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INTUITIVE SURGICAL INC — Director's Dealing 2020
Feb 4, 2020
29809_dirs_2020-02-04_a2c7d426-d056-4b25-a554-09682ac4b6ac.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: 2020-02-03
Reporting Person: MOHR MARSHALL (Executive VP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-03 | Common Stock | M | 7500 | $113.73 | Acquired | 19947 | Direct |
| 2020-02-03 | Common Stock | S | 7500 | $563.2075 | Disposed | 12447 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-03 | Non-Qualified Stock Option (right to buy) | $113.73 | M | 7500 | Disposed | 2021-02-15 | Common Stock (7500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 726 | Indirect |
Footnotes
F1: The trades are in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on December 1, 2020.
F2: The average selling price for the transaction was $563.207462. The shares sold at $560 - $560.96 = 909 shares; $561.03 - $561.97 = 334 shares; $562.03 - $562.74 = 527 shares; $563 - $563.06 = 1,334 shares; $564 - $564.27 = 4,396 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.