Loeb Gary - Feb 28, 2023 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
General Counsel
Signature
By: Donna Spinola For: Loeb, Gary Howard
Stock symbol
ISRG
Transactions as of
Feb 28, 2023
Transactions value $
$0
Form type
4
Date filed
3/1/2023, 04:56 PM
Previous filing
Oct 12, 2022
Next filing
Aug 11, 2023

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) Award $0 +1.89K $0.00 1.89K Feb 28, 2023 Common Stock 1.89K $229.39 Direct F1
transaction ISRG Restricted Stock Units Award $0 +1.26K $0.00 1.26K Feb 28, 2023 Common Stock 1.26K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 12.5% of the shares subject to the option vest on the six-month anniversary measured from February 10, 2023, and 1/48th of the total number of shares vest in forty-two (42) successive and equal monthly installments thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
F2 Constitute restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock upon vesting. 25% of the RSUs shall vest on each anniversary of February 10, 2023, subject to Reporting Person's continuous service to the Issuer through each such vesting date.