INTUITIVE SURGICAL, INC. (NASDAQ:ISRG) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year
Intuitive Surgical, Inc. (the Company) adopted an amendment and
restatement of Companys amended and restated bylaws (the Bylaws)
to implement additional proxy access. Article III, Section 5(e)
has been added to permit a stockholder, or group of up to 20
stockholders, owning 3% or more of Companys common stock
continuously for at least three years to nominate and include in
Companys proxy materials for an annual meeting of stockholders,
director candidates constituting up to 25% of the Board, provided
that the stockholder (or group) and each nominee satisfy the
requirements specified in the Bylaws.
qualified in its entirety by reference to the full text of the
Bylaws, a copy of which is filed as Exhibit 3.1 to this report on
Form 8-K and incorporated herein by reference.
available under the Companys share repurchase program to $3.0
billion. A copy of Companys press release announcing the increase
in the share repurchase program is attached hereto as Exhibit
99.1 and is incorporated herein by reference.
incorporated herein by reference, is intended to be furnished and
shall not be deemed filed for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act),
or otherwise subject to the liabilities of that section, nor
shall it be deemed incorporated by reference in any filing under
the Securities Act of 1933, as amended, or the Exchange Act,
except as expressly set forth by specific reference in such
filing.
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Exhibit No.
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Document Description
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3.1
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Amended and Restated Bylaws of Intuitive Surgical,
Inc., as amended and restated on December 12, 2016. |
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The following exhibit is furnished with this report on
Form 8-K: |
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99.1
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Press release issued by Intuitive Surgical, Inc., dated
December 13, 2016. |
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About INTUITIVE SURGICAL, INC. (NASDAQ:ISRG)
Intuitive Surgical, Inc. (Intuitive) designs, manufactures and markets da Vinci Surgical Systems, and related instruments and accessories. The Company’s da Vinci Surgical System consists of a surgeon’s console, a patient-side cart and a vision system. The da Vinci Surgical System translates a surgeon’s hand movements, which are performed on instrument controls at a console, into corresponding micro-movements of instruments positioned inside the patient through small incisions or ports. The da Vinci Surgical System provides its operating surgeons with control, range of motion, tissue manipulation solution and three-dimensional (3-D), high-definition vision. It allows surgeons to work through the small ports enabled by minimally invasive surgery procedures. Its da Vinci Surgery utilizes computational, robotic and imaging technologies. It focuses on five surgical specialties: gynecologic surgery, urologic surgery, general surgery, cardiothoracic surgery, and head and neck surgery. INTUITIVE SURGICAL, INC. (NASDAQ:ISRG) Recent Trading Information
INTUITIVE SURGICAL, INC. (NASDAQ:ISRG) closed its last trading session down -0.31 at 635.66 with 651,494 shares trading hands.
