Filing Details

Accession Number:
0001035267-19-000024
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-02-21 19:34:46
Reporting Period:
2019-02-19
Accepted Time:
2019-02-21 19:34:46
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
1330269 Jamie Samath 1020 Kifer Road
Sunnyvale CA 94086
Vp & Principal Accounting Offi No Yes 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 2019-02-19 59 $238.91 636 No 4 M Direct
Common Stock Disposition 2019-02-19 59 $544.00 577 No 4 S Direct
Common Stock Acquisiton 2019-02-19 35 $231.00 612 No 4 M Direct
Common Stock Disposition 2019-02-19 35 $544.00 577 No 4 S Direct
Common Stock Acquisiton 2019-02-19 35 $178.39 612 No 4 M Direct
Common Stock Disposition 2019-02-19 35 $544.00 577 No 4 S Direct
Common Stock Acquisiton 2019-02-19 50 $177.68 627 No 4 M Direct
Common Stock Disposition 2019-02-19 50 $544.00 577 No 4 S Direct
Common Stock Acquisiton 2019-02-19 49 $171.33 626 No 4 M Direct
Common Stock Disposition 2019-02-19 49 $544.00 577 No 4 S Direct
Common Stock Acquisiton 2019-02-19 843 $0.00 1,420 No 4 M Direct
Common Stock Disposition 2019-02-19 370 $0.00 1,050 No 4 F Direct
Common Stock Acquisiton 2019-02-19 730 $0.00 1,780 No 4 M Direct
Common Stock Disposition 2019-02-19 362 $0.00 1,418 No 4 F Direct
Common Stock Disposition 2019-02-20 1,339 $546.61 79 No 4 S Direct
Common Stock Acquisiton 2019-02-21 431 $418.56 510 No 4 M Direct
Common Stock Disposition 2019-02-21 431 $550.00 79 No 4 S Direct
Common Stock Acquisiton 2019-02-21 238 $328.46 317 No 4 M Direct
Common Stock Disposition 2019-02-21 238 $550.00 79 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
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) Disposition 2019-02-19 49 $0.00 49 $171.33
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2019-02-19 50 $0.00 50 $177.68
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2019-02-19 35 $0.00 35 $178.39
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2019-02-19 35 $0.00 35 $231.00
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2019-02-19 59 $0.00 59 $238.91
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2019-02-21 238 $0.00 238 $328.46
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2019-02-21 431 $0.00 431 $418.56
Common Stock Restricted Stock Units Disposition 2019-02-19 730 $0.00 730 $0.00
Common Stock Restricted Stock Units Disposition 2019-02-19 843 $0.00 843 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2025-02-17 No 4 M Direct
0 2025-08-17 No 4 M Direct
421 2026-02-16 No 4 M Direct
423 2026-08-15 No 4 M Direct
1,426 2027-02-15 No 4 M Direct
1,424 2027-08-15 No 4 M Direct
1,294 2028-02-15 No 4 M Direct
0 2019-02-17 No 4 M Direct
843 2020-02-17 No 4 M Direct
Footnotes
  1. These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 4, 2019.
  2. On 2/16/16, RSU shares were granted, vesting 25% per year over a four year period. RSUs convert into common stock on the vest date on a one-for-one basis. On 2/16/19, 25% of the shares were released and a portion of the shares were held back to cover the statutory tax withholding requirement. The net shares were deposited into the holders account.
  3. On 2/17/15, RSU shares were granted, vesting 25% per year over a four year period. RSUs convert into common stock on the vest date on a one-for-one basis. On 2/17/19, 25% of the shares were released and a portion of the shares were held back to cover the statutory tax withholding requirement. The net shares were deposited into the holders account.
  4. Non-statutory stock option granted pursuant to the 2010 Employee Stock Option Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.
  5. Non-statutory stock option granted pursuant to the 2010 Employee Stock Option Plan. Option shall vest 7/48 one month after the date of grant and 1/48th each month thereafter.
  6. Each Restricted Stock Unit, granted pursuant to the 2010 Employee Stock Option Plan, represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period of time.