Filing Details

Accession Number:
0001567619-21-018728
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-10-26 17:05:27
Reporting Period:
2021-10-22
Accepted Time:
2021-10-26 17:05:27
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
1632901 Myriam Curet 1020 Kifer Road
Sunnyvale CA 94086
Evp & Chief Medical Officer 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 6,000 $109.49 6,285 No 4 M Direct
Common Stock Disposition 2021-10-22 6,000 $339.64 285 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 6,000 $0.00 6,000 $109.49
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,000 2027-08-15 No 4 M Direct
Footnotes
  1. These shares were exercised and sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 9, 2022.
  2. 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.
  3. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $338 to $341.03 as follows: 1,000 shares sold at $338 to $338.99; 3,796 shares sold at $339.06 to $339.99; 1,004 shares sold at $340 to $340.69; 200 shares sold at $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.
  4. 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.