Levy Alan J - Jul 23, 2021 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
Director
Signature
By: Donna Spinola For: Alan J Levy
Stock symbol
ISRG
Transactions as of
Jul 23, 2021
Transactions value $
-$2,004,377
Form type
4
Date filed
7/26/2021, 07:06 PM
Next filing
Oct 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $222K +1.38K +16.99% $161.27 9.47K Jul 23, 2021 Direct F1
transaction ISRG Common Stock Sale -$1.33M -1.38K -14.52% $967.36 8.09K Jul 23, 2021 Direct F1, F2
transaction ISRG Common Stock Options Exercise $192K +1.13K +13.9% $170.92 9.22K Jul 23, 2021 Direct F1
transaction ISRG Common Stock Sale -$1.09M -1.13K -12.2% $967.36 8.09K Jul 23, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.38K -100% $0.00 0 Jul 23, 2021 Common Stock 1.38K $161.27 Direct F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.13K -42.86% $0.00 1.5K Jul 23, 2021 Common Stock 1.13K $170.92 Direct F1, F3

Explanation of Responses:

Id Content
F1 These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on December 1, 2021.
F2 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $962.75 to $975.41,inclusive. 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.
F3 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.