Amal M. Johnson - 24 Nov 2021 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
Director
Signature
By: Donna Spinola For: Amal M. Johnson
Issuer symbol
ISRG
Transactions as of
24 Nov 2021
Net transactions value
-$2,020,254
Form type
4
Filing time
26 Nov 2021, 20:20:26 UTC
Previous filing
12 Nov 2021
Next filing
16 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $482,700 +7,500 +70% $64.36* 18,169 24 Nov 2021 Direct F1
transaction ISRG Common Stock Sale $2,502,954 -7,500 -41% $333.73 10,669 24 Nov 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 -7,500 -100% $0.000000* 0 24 Nov 2021 Common Stock 7,500 $64.36 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 15, 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 $331.79 to $335.45 as follows: 488 shares sold at $331.79 to $331.88; 2,099 shares sold at $332.02 to $332.78; 4,913 shares sold at $333.08 to $333.45. 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.