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