Curet Myriam - Sep 9, 2021 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
EVP & Chief Medical Officer
Signature
By: Donna Spinola For: Myriam Curet
Stock symbol
ISRG
Transactions as of
Sep 9, 2021
Transactions value $
-$3,316,771
Form type
4
Date filed
9/10/2021, 04:23 PM
Previous filing
Aug 27, 2021
Next filing
Sep 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $985K +3K +3157.89% $328.46 3.1K Sep 9, 2021 Direct F1
transaction ISRG Common Stock Sale -$3.25M -3K -96.93% $1,082.54 95 Sep 9, 2021 Direct F1, F2
transaction ISRG Common Stock Options Exercise $299K +1.25K +1315.79% $238.91 1.35K Sep 9, 2021 Direct F1
transaction ISRG Common Stock Sale -$1.35M -1.25K -92.94% $1,082.54 95 Sep 9, 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 -1.25K -100% $0.00* 0 Sep 9, 2021 Common Stock 1.25K $238.91 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -3K -50% $0.00 3K Sep 9, 2021 Common Stock 3K $328.46 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were exercised and sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 9, 2022.
F2 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $1,080.02 to $1,084.94 as follows: 604 shares sold at $1,080.02 to $1,080.98; 551 shares sold at $1,081.20 to $1,081.91; 1,262 shares sold at $1,082.01 to $1,082.87; 1,533 shares sold at $1,083 to $1,083.96; 4,250 shares sold at $1,084.06 to $1,084.94. 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 2010 Incentive Award Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.
F4 Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 7/48 one month after the date of grant and 1/48 each month thereafter.