Robert DeSantis - 15 Feb 2022 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Reporting relationship: EVP & Chief Product Officer
Issuer ticker: ISRG
Reported as of: 15 Feb 2022
Net transaction value: -$529,727
SEC form: 4
Accepted by SEC: 16 Feb 2022, 20:30:59 UTC
Prior SEC filing: 26 Jan 2022
Next SEC filing: 01 Mar 2022
Source filing: View source filing
Reporting owner signature: By: Donna Spinola For: Robert DeSantis

Key filing fact

Robert DeSantis filed Form 4 for INTUITIVE SURGICAL INC (ISRG) on 16 Feb 2022.

Key facts

This page summarizes Robert DeSantis's Form 4 filing for INTUITIVE SURGICAL INC (ISRG).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 16 Feb 2022, 20:30.

Change

Previous filing in this sequence was filed on 26 Jan 2022.
Current net transaction value: -$529,727.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ISRG transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +2,874
Change %: +246%
Price: $0.000000
Shares after: 4,042
Date: 15 Feb 2022
Ownership: Direct
Footnotes: F1

ISRG transaction

Common Stock

Tax liability

Transaction value: $261,247
Shares: -903
Change %: -22%
Price: $289.31
Shares after: 3,139
Date: 15 Feb 2022
Ownership: Direct
Footnotes: F1

ISRG transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +2,124
Change %: +68%
Price: $0.000000
Shares after: 5,263
Date: 15 Feb 2022
Ownership: Direct
Footnotes: F1

ISRG transaction

Common Stock

Tax liability

Transaction value: $268,480
Shares: -928
Change %: -18%
Price: $289.31
Shares after: 4,335
Date: 15 Feb 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ISRG transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -2,874
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,874
Exercise price: $0.000000
Footnotes: F2

ISRG transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -2,124
Change %: -50%
Price: $0.000000
Shares after: 2,124
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,124
Exercise price: $0.000000
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. RSUs convert into common stock on the vest date on a one-for-one basis. 25 % of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account.

Footnote F2

Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.