MARSHALL MOHR - 13 Feb 2023 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Signature
By: Donna Spinola For: Mohr, Marshall L
Issuer symbol
ISRG
Transactions as of
13 Feb 2023
Net transactions value
-$4,751,114
Form type
4
Filing time
14 Feb 2023, 17:44:16 UTC
Previous filing
05 Dec 2022
Next filing
16 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $3,415,262 +54,000 $63.25* 54,000 13 Feb 2023 Direct F1
transaction ISRG Common Stock Sale $8,166,377 -33,249 -62% $245.61 20,751 13 Feb 2023 Direct F1, F2
holding ISRG Common Stock 100,353 13 Feb 2023 by Trust

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 -54,000 -100% $0.000000* 0 13 Feb 2023 Common Stock 54,000 $63.25 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on September 8, 2023.
F2 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $245.10 to $246.47 as follows: 29,736 shares sold at $245.10 to $246.10; and 3,513 shares sold at $246.15 to $246.47. 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. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.