0001166904-05-000021.txt : 20120613
0001166904-05-000021.hdr.sgml : 20120613
20050405170548
ACCESSION NUMBER: 0001166904-05-000021
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050405
DATE AS OF CHANGE: 20050405
SUBJECT COMPANY:
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
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-59661
FILM NUMBER: 05734780
BUSINESS ADDRESS:
STREET 1: 950 KIFER ROAD
CITY: SUNNYVALE
STATE: CA
ZIP: 94086
BUSINESS PHONE: 4085232100
MAIL ADDRESS:
STREET 1: 950 KIFER ROAD
CITY: SUNNYVALE
STATE: CA
ZIP: 94086
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NORTH SOUND CAPITAL LLC
CENTRAL INDEX KEY: 0001166904
IRS NUMBER: 522324837
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 53 FOREST AVENUE
STREET 2: SUITE 202
CITY: OLD GREENWICH
STATE: CT
ZIP: 06870
BUSINESS PHONE: 2039675700
MAIL ADDRESS:
STREET 1: 53 FOREST AVENUE
STREET 2: SUITE 202
CITY: OLD GREENWICH
STATE: CT
ZIP: 06870
FORMER COMPANY:
FORMER CONFORMED NAME: DMG ADVISORS LLC
DATE OF NAME CHANGE: 20020211
SC 13G
1
northsoundisrg13g.txt
NORTH SOUND 13G FILING ON INTUITIVE SURGICAL
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Intuitive Surgical Inc.
----------------------------------
(Name of Issuer)
Common Stock, par value $.001 per share
--------------------------------------------------
(Title of Class of Securities)
46120E602
--------------------------------------------
(CUSIP Number)
April 4, 2005
--------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be subject to all
other provisions of the Act (however, see the Notes).
-------------------------------------------------------------------------------
CUSIP No. 46120E602 SCHEDULE 13G Page 2 of 5 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
North Sound Capital LLC (1)
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x] (b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES -------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,769,170
EACH -------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 0
WITH -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,769,170
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,769,170
-------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.10%
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
-------------------------------------------------------------------------------
(1)
The ultimate managing member of North Sound Capital LLC is Thomas
McAuley. The Reporting Person may be deemed the beneficial owner of the
shares in its capacity as the managing member of North Sound Legacy
Fund LLC and North Sound Legacy Institutional Fund LLC and the
investment advisor of North Sound Legacy International Ltd. (the
"Funds"), who are the holders of such shares. As the managing member or
investment advisor, respectively, of the Funds, the Reporting Person
has voting and investment control with respect to the shares of common
stock held by the Funds.
-------------------------------------------------------------------------------
CUSIP No. 46120E602 SCHEDULE 13G Page 3 of 5 Pages
-------------------------------------------------------------------------------
Item 1(a). Name of Issuer:
Intuitive Surgical Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
950 Kifer Rd
Sunnyvale, CA 94086
Item 2(a). Name of Person Filing.
Item 2(b). Address of Principal Business Office or, if None, Residence.
Item 2(c). Citizenship.
North Sound Capital LLC
53 Forest Avenue, Suite 202
Old Greenwich, CT 06870
Delaware limited liability company
Item 2(d). Title of Class of Securities:
Common Stock, par value $.001 per share
Item 2(e). CUSIP Number:
46120E602
Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b)
or 240.13d-2(b) or (c), check whether the person filing is a:
Not Applicable
Item 4. Ownership.
The following is information regarding the aggregate number
and percentage of the class of securities of the issuer
identified in Item 1:
(a) Amount beneficially owned: 1,769,170 shares of Common
Stock
(b) Percent of Class:5.10%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 0
(ii) shared power to vote or direct the vote:
1,769,170
-------------------------------------------------------------------------------
CUSIP No. 46120E602 SCHEDULE 13G Page 4 of 5 Pages
-------------------------------------------------------------------------------
(iii) sole power to dispose or direct the
disposition of: 0
(iv) shared power to dispose or direct the
disposition of: 1,769,170
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company.
Not Applicable
Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
Certification pursuant to ss.240.13d-1(c):
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the
securities and were not acquired and are not held in
connection with or as a participant in any transaction having
that purpose or effect.
-------------------------------------------------------------------------------
CUSIP No. 46120E602 SCHEDULE 13G Page 5 of 5 Pages
-------------------------------------------------------------------------------
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: April 5, 2005
NORTH SOUND CAPITAL LLC
By: /s/ Thomas McAuley
---------------------
Name: Thomas McAuley
Title: Chief Investment Officer