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ISRG Intuitive Surgical Inc

371.70
1.08 (0.29%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intuitive Surgical Inc NASDAQ:ISRG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.08 0.29% 371.70 371.70 373.39 379.50 368.60 369.57 952,258 00:53:06

Statement of Changes in Beneficial Ownership (4)

09/12/2019 6:50pm

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 *

GUTHART GARY S
2. Issuer Name and Ticker or Trading Symbol

INTUITIVE SURGICAL INC [ ISRG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President & CEO
(Last)          (First)          (Middle)

1020 KIFER ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

12/5/2019
(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 12/5/2019  M(1)  31875 A$113.73 396105 D  
Common Stock 12/5/2019  S(1)  22377 D$582.1193 (2)373728 D  
Common Stock 12/9/2019  G(3)  2000 D$0.0 371728 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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Qualified Stock Option (right to buy) $113.73 12/5/2019  M (1)    31875   (4)2/15/2021 Common Stock 31875 $0.0 63750 D  

Explanation of Responses:
(1) The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 5, 2020.
(2) The average selling price for the transactions was $582.1183 The shares sold at: $579.00 to $579.99 = 878 shares; $580.00 to $580.99 = 4,613 shares; $581.00 - $581.99 = 4,676 shares; $582.00 - $582.99 = 5,680 shares; $583.00 - $583.99 = 4,530 shares; $584.00 - $584.99 = 1,900 shares; $585.00 - $585.99 = 100 shares.
(3) The shares were donated to a Donor Advised (TIMBO) Fund in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 5, 2020.
(4) Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
GUTHART GARY S
1020 KIFER ROAD
SUNNYVALE, CA 94086
X
President & CEO

Signatures
Gary S Guthart12/9/2019
**Signature of Reporting PersonDate

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