Statement of Changes in Beneficial Ownership (4)
December 03 2019 - 2:24PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Brogna Salvatore |
2. Issuer Name and Ticker or Trading Symbol
INTUITIVE SURGICAL INC
[
ISRG
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP & Chief Operating Officer |
(Last)
(First)
(Middle)
1020 KIFER ROAD |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/2/2019 |
(Street)
SUNNYVALE, CA 94086
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock | 12/2/2019 | | M(1) | | 843 | A | $548.5 | 6214 | D | |
Common Stock | 12/2/2019 | | S(1) | | 843 | D | $586.6862 (2) | 5371 | D | |
Common Stock | 12/2/2019 | | M(1) | | 844 | A | $499.87 | 6215 | D | |
Common Stock | 12/2/2019 | | S(1) | | 844 | D | $586.6862 (2) | 5371 | D | |
Common Stock | 12/2/2019 | | M(1) | | 2735 | A | $522.77 | 8106 | D | |
Common Stock | 12/2/2019 | | S(1) | | 2735 | D | $586.6862 (2) | 5371 | D | |
Common Stock | 12/2/2019 | | M(1) | | 2734 | A | $418.56 | 8105 | D | |
Common Stock | 12/2/2019 | | S(1) | | 2734 | D | $586.657 (3) | 5371 | D | |
Common Stock | 12/2/2019 | | M(1) | | 2812 | A | $328.4567 | 8183 | D | |
Common Stock | 12/2/2019 | | S(1) | | 2812 | D | $586.657 (3) | 5371 | D | |
Common Stock | 12/2/2019 | | M(1) | | 563 | A | $238.9133 | 5934 | D | |
Common Stock | 12/2/2019 | | S(1) | | 563 | D | $586.657 (3) | 5371 | D | |
Common Stock | 12/2/2019 | | M(1) | | 305 | A | $230.9967 | 5676 | D | |
Common Stock | 12/2/2019 | | S(1) | | 305 | D | $586.657 (3) | 5371 | D | |
Common Stock | 12/2/2019 | | M(1) | | 304 | A | $178.3867 | 5675 | D | |
Common Stock | 12/2/2019 | | S(1) | | 304 | D | $586.657 (3) | 5371 | D | |
Common Stock | 12/2/2019 | | S(1) | | 1228 | D | $592.0 | 4143 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Non-Qualified Stock Option (right to buy) | $178.3867 | 12/2/2019 | | M (1) | | | 304 | (4) | 2/16/2026 | Common Stock | 304 | $0.0 | 305 | D | |
Non-Qualified Stock Option (right to buy) | $230.9967 | 12/2/2019 | | M (1) | | | 305 | (5) | 8/15/2026 | Common Stock | 305 | $0.0 | 305 | D | |
Non-Qualified Stock Option (right to buy) | $238.9133 | 12/2/2019 | | M (1) | | | 563 | (4) | 2/15/2027 | Common Stock | 563 | $0.0 | 2811 | D | |
Non-Qualified Stock Option (right to buy) | $328.4567 | 12/2/2019 | | M (1) | | | 2812 | (5) | 8/15/2027 | Common Stock | 2812 | $0.0 | 2812 | D | |
Non-Qualified Stock Option (right to buy) | $418.56 | 12/2/2019 | | M (1) | | | 2734 | (4) | 2/15/2028 | Common Stock | 2734 | $0.0 | 3516 | D | |
Non-Qualified Stock Option (right to buy) | $499.87 | 12/2/2019 | | M (1) | | | 844 | (5) | 8/15/2029 | Common Stock | 844 | $0.0 | 3656 | D | |
Non-Qualified Stock Option (right to buy) | $522.77 | 12/2/2019 | | M (1) | | | 2735 | (5) | 8/15/2028 | Common Stock | 2735 | $0.0 | 3515 | D | |
Non-Qualified Stock Option (right to buy) | $548.5 | 12/2/2019 | | M (1) | | | 843 | (4) | 2/15/2029 | Common Stock | 843 | $0.0 | 3657 | D | |
Explanation of Responses: |
(1) | These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on September 9, 2020. |
(2) | The average selling price for the transactions was $586.686174. The shares sold at: $583.69- $584.7 = 800 shares; $584.00- $585.94 = 900 shares;$585.94- $587= 1302 shares; $587.14 - $588.04 = 570 shares; and $590.00 - $590.34 = 850 shares. |
(3) | The average selling price for the transactions was $586.656974. The shares sold at $583.7-$584.7 = 1,013; shares sold at 548.9-$585.09 = 500; shares sold at $585.12 - $586.04 = 1,336; shares sold at $586.15 - $587.14 = 1,614; shares sold at $587.18 - $588.23 = 1,405; shares sold at $590 - $590.395 = 850. |
(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. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Brogna Salvatore 1020 KIFER ROAD SUNNYVALE, CA 94086 |
|
| EVP & Chief Operating Officer |
|
Signatures
|
By: Lori Serrano For: Salvatore J Brogna | | 12/3/2019 |
**Signature of Reporting Person | Date |
Intuitive Surgical (NASDAQ:ISRG)
Historical Stock Chart
From Sep 2024 to Oct 2024
Intuitive Surgical (NASDAQ:ISRG)
Historical Stock Chart
From Oct 2023 to Oct 2024