Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ISRG | Restricted Stock Units | Options Exercise | $0 | -3K | -100% | $0.00* | 0 | Feb 15, 2022 | Common Stock | 3K | $0.00 | Direct | F3 |
transaction | ISRG | Restricted Stock Units | Options Exercise | $0 | -1.75K | -50% | $0.00 | 1.75K | Feb 15, 2022 | Common Stock | 1.75K | $0.00 | Direct | F3 |
Id | Content |
---|---|
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. |
F2 | 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. |
F3 | Each Restricted Stock Unit, granted pursuant to the 2010 Employee Stock Option Plan, 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 of time. |