Rosa David J. - Feb 15, 2023 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role: EVP Chief Strategy & Growth Of
Signature: By: Donna Spinola For: Rosa, David J
Stock symbol: ISRG
Transactions as of: Feb 15, 2023
Transactions value $: -$273,163
Form type: 4
Date filed: 2/16/2023, 04:43 PM
Previous filing: Feb 7, 2023
Next filing: Feb 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ISRG	Common Stock	Options Exercise	$0	+2.25K	+1.79%	$0.00	128K	Feb 15, 2023	Direct	F1
transaction	ISRG	Common Stock	Tax liability	-$273K	-1.12K	-0.87%	$244.77	127K	Feb 15, 2023	Direct	F1

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	Restricted Stock Units	Options Exercise	$0	-2.25K	-100%	$0.00^*	0	Feb 15, 2023	Common Stock	2.25K	$0.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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	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.