0001567619-21-018729.txt : 20211026 0001567619-21-018729.hdr.sgml : 20211026 20211026170716 ACCESSION NUMBER: 0001567619-21-018729 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211022 FILED AS OF DATE: 20211026 DATE AS OF CHANGE: 20211026 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LEVY ALAN J CENTRAL INDEX KEY: 0001280627 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30713 FILM NUMBER: 211349491 MAIL ADDRESS: STREET 1: C/O INTUITIVE SURGICAL INC STREET 2: 1266 KIFER RD CITY: SUNNYVALE STATE: CA ZIP: 94086 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: INTUITIVE SURGICAL INC CENTRAL INDEX KEY: 0001035267 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] IRS NUMBER: 770416458 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1020 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 4085232100 MAIL ADDRESS: STREET 1: 1020 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94086 4 1 doc1.xml FORM 4 X0306 4 2021-10-22 0 0001035267 INTUITIVE SURGICAL INC ISRG 0001280627 LEVY ALAN J 1020 KIFER ROAD SUNNYVALE CA 94086 1 0 0 0 Common Stock 2021-10-22 4 M 0 3000 71.3233 A 27282 D Common Stock 2021-10-22 4 S 0 3000 339.6375 D 24282 D Common Stock 2021-10-22 4 M 0 4500 56.9744 A 28782 D Common Stock 2021-10-22 4 S 0 4500 339.6375 D 24282 D Non-Qualified Stock Option (right to buy) 56.9744 2021-10-22 4 M 0 4500 0.00 D 2025-04-23 Common Stock 4500 0 D Non-Qualified Stock Option (right to buy) 71.3233 2021-10-22 4 M 0 3000 0.00 D 2026-04-21 Common Stock 3000 465 D These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on December 1, 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 $338.29 to $341.38 as follows: 1,400 shares sold at $338.19 to $338.98; 4,306 shares sold at $339.06 to $339.98; 1,594 shares sold at $340.01 to $340.83; 200 shares sold at $341 to $341.38. 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 Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director to the issuer. By: Donna Spinola For: Alan J Levy 2021-10-26