Filing Details
- Accession Number:
- 0001567619-21-018730
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-10-26 17:09:05
- Reporting Period:
- 2021-10-22
- Accepted Time:
- 2021-10-26 17:09:05
- 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 | Svp Of Finance | 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 | 2021-10-22 | 156 | $242.34 | 918 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-10-22 | 156 | $339.71 | 762 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-10-22 | 156 | $177.99 | 918 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-10-22 | 156 | $339.66 | 762 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-10-22 | 273 | $166.62 | 1,035 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-10-22 | 273 | $339.66 | 762 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-10-22 | 273 | $182.83 | 1,035 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-10-22 | 273 | $339.66 | 762 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-10-22 | 321 | $174.26 | 1,083 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-10-22 | 321 | $339.66 | 762 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-10-22 | 324 | $139.52 | 1,086 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-10-22 | 324 | $339.66 | 762 | 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 | 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 | 2021-10-22 | 324 | $0.00 | 324 | $139.52 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2021-10-22 | 273 | $0.00 | 273 | $166.62 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2021-10-22 | 321 | $0.00 | 321 | $174.26 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2021-10-22 | 156 | $0.00 | 156 | $177.99 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2021-10-22 | 273 | $0.00 | 273 | $182.83 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2021-10-22 | 156 | $0.00 | 156 | $242.34 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 432 | 2028-02-15 | No | 4 | M | Direct | |
| 1,449 | 2029-08-15 | No | 4 | M | Direct | |
| 432 | 2028-08-15 | No | 4 | M | Direct | |
| 1,521 | 2030-02-28 | No | 4 | M | Direct | |
| 1,449 | 2029-02-15 | No | 4 | M | Direct | |
| 1,515 | 2030-08-28 | No | 4 | M | Direct |
Footnotes
- These shares were exercised and sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 8, 2021.
- On October 5, 2021, the common stock and equity grants of Intuitive Surgical split 3-for-1, resulting in the reporting person's ownership of the company's stock and equity grants to increase (for every one share owned or granted, 2 additional shares were issued) and the exercise price of stock option grants to decrease to 1/3rd of the original grant price.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $338.64 to $341.03 as follows: 20 shares sold at $338.64 to $338.99; 106 shares sold at $339.06 to $339.98; 30 shares sold at $340.04 to $341.03. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $338.47 to $341.34 as follows:179 shares sold at $338.47 to $338.99; 866 shares sold at $339 to $339.99; 280 shares sold at $340.09 to $340.82; 22 shares sold at $341 to $341.34. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.
- Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 7/48th one month after the date of grant and 1/48th monthly thereafter.
- Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.
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