Filing Details

Accession Number:
0001035267-18-000056
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-04-20 18:25:30
Reporting Period:
2018-04-19
Accepted Time:
2018-04-20 18:25:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1035267 Intuitive Surgical Inc ISRG Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842) 770416458
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1238937 M Lonnie Smith 1020 Kifer Road
Sunnyvale CA 94086
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-04-19 606 $0.00 514,137 No 4 M Direct
Common Stock Disposition 2018-04-20 41,667 $456.69 472,470 No 4 S Direct
Common Stock Disposition 2018-04-20 5,000 $456.69 295,413 No 4 S Indirect by Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Indirect by Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Acquisiton 2018-04-19 1,352 $0.00 1,352 $462.71
Common Stock Restricted Stock Units Disposition 2018-04-19 606 $0.00 606 $0.00
Common Stock Restricted Stock Units Acquisiton 2018-04-19 450 $0.00 450 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,352 2028-04-19 No 4 A Direct
0 2018-02-21 No 4 M Direct
450 2022-04-19 No 4 A Direct
Footnotes
  1. These shares were acquired from the vest and release of an RSU grant previously issued to the Filer.
  2. These shares were sold pursuant to a 10b5-1 trading plan adopted by the reporting person on March 9, 2018.
  3. These shares were sold pursuant to a 10b5-1 Plan. The shares were sold at an average price of $456.694. The actual selling price of the shares was: 1,109 at $453.00 - $453.99; 9,363 at $454.00 - $454.99; 4,680 at $455.00 - $455.99; 7,952 at $456.00 - $456.99; 12,279 at $457.00 - $457.99; 10,426 at $458.00 - $458.99; and 858 at $459.00 - $459.99.
  4. Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company.
  5. 100% of the grant will vest on the anniversary date of the grant or the next Annual Shareholders Meeting, whichever takes place first, provided however that vesting will cease on termination of the Director's service to the company.
  6. Restricted Stock Units (RSUs) are granted pursuant to the 2010 Incentive Award Plan. The RSUs fully vest on the first anniversary of the date of grant.