INVESTOR AB
SC 13G, 2000-10-03
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)

                 INFORMATION TO BE INCLUDED IN STATEMENTS FILED
             PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS
                     THERETO FILED PURSUANT TO RULE 13d-2(b)

                                (Amendment No. )*

                            INTUITIVE SURGICAL, INC.
                            ------------------------
                                (Name of Issuer)

                         Common Stock, Par Value $0.001
                         ------------------------------
                         (Title of Class of Securities)

                                    46120E107
                                    ---------
                                 (CUSIP Number)

                                  June 13, 2000
                                  -------------
                      (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 disclosure
provided in a prior cover page.

The information required on 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).


                         Continued on following page(s)
                                Page 1 of 9 Pages
                              Exhibit Index: Page 8



<PAGE>


                                  SCHEDULE 13G

CUSIP No. 46120E107                                            Page 2 of 9 Pages


1        Name of Reporting Person
         IRS Identification No. of Above Persons (ENTITIES ONLY)

                  INVESTOR (GUERNSEY) LIMITED

2        Check the Appropriate Box If a Member of a Group*

                                                        a.       [_]
                                                        b.       [X]

3        SEC Use Only

4        Citizenship or Place of Organization

                  GUERNSEY

                            5             Sole Voting Power
                                                  0
Number of
  Shares
Beneficially                6             Shared Voting Power
  Owned By                                        2,529,545
    Each
Reporting                   7             Sole Dispositive
    Person                                        0
    With
                            8             Shared Dispositive Power
                                                  2,529,545

9        Aggregate Amount Beneficially Owned by Each Reporting Person

                                                  2,529,545

10       Check Box If the Aggregate Amount in Row (9) Excludes Certain
         Shares*

                                                  [_]

11       Percent of Class Represented By Amount in Row (9)

                                    7.09%

12       Type of Reporting Person*

                  OO


                     * SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>
                                  SCHEDULE 13G

CUSIP No. 46120E107                                            Page 3 of 9 Pages

1        Name of Reporting Person
         I.R.S. Identification No. of Above Persons (ENTITIES ONLY)

                  INVESTOR AB

2        Check the Appropriate Box If a Member of a Group*

                                                     a.       [_]
                                                     b.       [X]

3        SEC Use Only

4        Citizenship or Place of Organization

                  SWEDEN

                            5             Sole Voting Power
                                                      0
Number of
  Shares
Beneficially                6             Shared Voting Power
  Owned By                                            2,529,545
    Each
Reporting                   7             Sole Dispositive
    Person                                            0
    With
                            8             Shared Dispositive Power
                                                      2,529,545

9        Aggregate Amount Beneficially Owned by Each Reporting Person

                                                      2,529,545

10       Check Box If the Aggregate Amount in Row (9) Excludes Certain
         Shares*

                                                      [_]

11       Percent of Class Represented By Amount in Row (9)

                                    7.09%

12       Type of Reporting Person*

                  OO


                     * SEE INSTRUCTIONS BEFORE FILLING OUT!



<PAGE>

                                                               Page 4 of 9 Pages

Item 1(a)         Name of Issuer:

                  Intuitive Surgical, Inc. (the "Issuer")

Item 1(b)         Address of the Issuer's Principal Executive Offices:

                  1340 West Middlefield Road, Mountain View, California 94043.

Item 2(a)         Name of Person Filing:

                  This  statement  is filed on behalf  of each of the  following
                  persons (collectively, the "Reporting Persons"):

                  i)     Investor   (Guernsey)   Limited,   a  Guernsey  company
                         ("Investor (Guernsey)") and

                  ii)    Investor AB, a publicly held Swedish company ("Investor
                         AB").

                  This  Statement  relates to the Shares held for the account of
Investor (Guernsey). Investor (Guernsey) is a wholly-owned subsidiary of a Dutch
company,  which is a wholly-owned  subsidiary of a Swedish  company,  which is a
wholly-owned subsidiary of Investor AB.

Item 2(b)         Address of Principal Business Office or, if None, Residence:

                  The  address  and  principal   business   office  of  Investor
(Guernsey) is National  Westminster House, Le Truchot, St. Peter Port, Guernsey,
Channel  Islands GY1 4PW. The address and principal  business office of Investor
AB is Arsenalsgatan 8c, SE-103 32, Stockholm, Sweden.

Item 2(c)         Citizenship:

                  i)       Investor (Guernsey) is a Guernsey company and

                  ii)      Investor AB is a publicly held Swedish company.

Item 2(d)         Title of Class of Securities:

                  Common Stock, par value $0.001 (the "Shares").

Item 2(e)         CUSIP Number:

                  46120E107

Item 3.           If this  statement  is filed  pursuant  to Rule  13d-1(b),  or
                  13d-2(b), check whether the person filing is a:

                  This Item 3 is not applicable.


<PAGE>
                                                               Page 5 of 9 Pages

Item 4.           Ownership:

Item 4(a)         Amount Beneficially Owned:

                  As of September 29, 2000, each of the Reporting Persons may be
deemed the beneficial owner of 2,529,545 Shares.

Item 4(b)         Percent of Class:

                  The  number of Shares of which each of the  Reporting  Persons
may be deemed to be the beneficial owner constitutes  approximately 7.09% of the
total number of Shares outstanding.

Item 4(c)         Number of shares as to which such person has:

        Investor (Guernsey)
        -------------------

        (i) Sole power to vote or to direct the vote:                          0

        (ii) Shared power to vote or to direct the vote:               2,529,545

        (iii) Sole power to dispose or to direct the disposition of:           0

        (iv) Shared power to dispose or to direct the disposition of:  2,529,545

        Investor AB
        -----------

        (i) Sole power to vote or to direct the vote:                          0

        (ii) Shared power to vote or to direct the vote:               2,529,545

        (iii) Sole power to dispose or to direct the disposition of:           0

        (iv) Shared power to dispose or to direct the disposition of:  2,529,545

Item 5.           Ownership of Five Percent or Less of a Class:

                  This Item 5 is not applicable.

Item 6.           Ownership  of More than  Five  Percent  on  Behalf of  Another
                  Person:

                  The  shareholder  of  Investor  (Guernsey)  has the  right  to
participate in the receipt of dividends  from, or proceeds from the sale of, the
securities  held  by  Investor  (Guernsey)  in  accordance  with  its  ownership
interests in Investor (Guernsey).

Item 7.           Identification  and  Classification  of the  Subsidiary  Which
                  Acquired the Security  Being Reported on by the Parent Holding
                  Company:

                  By signing below each signatory certifies that, to the best of
his/its 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

<PAGE>

                                                               Page 6 of 9 Pages

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.

Item 8.           Identification and Classification of Members of the Group:

                  This Item 8 is not applicable.

Item 9.           Notice of Dissolution of Group:

                  This Item 9 is not applicable.

Item 10.          Certification:

                  By signing below each signatory certifies that, to the best of
his/its 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.



<PAGE>

                                                               Page 7 of 9 Pages

                                   SIGNATURES

After  reasonable  inquiry  and to the  best of my  knowledge  and  belief,  the
undersigned  certifies that the information set forth in this statement is true,
complete and correct.


Date:  September 29, 2000               INVESTOR (GUERNSEY) LIMITED

                                        By:     /S/ WAYNE TALLOWIN
                                                -------------------------------
                                                Name:   Wayne Tallowin
                                                Title:  Director "A"

                                        By:     /S/ MARC HOLLANDER
                                                -------------------------------
                                                Name:   Marc Hollander
                                                Title:  Director "B"



Date:  September 29, 2000               INVESTOR AB

                                        By:     /S/ MARC HOLLANDER
                                                -------------------------------
                                                Name:   Marc Hollander
                                                Title:  Chief Executive Officer


<PAGE>

                                                               Page 8 of 9 Pages



                                  EXHIBIT INDEX

                                                                        Page No.
                                                                        --------


A.        Joint Filing  Agreement,  dated as of September 29, 2000, by
          and  between  Investor   (Guernsey)   Limited  and  Investor
          AB..........................................................     9





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