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

Role
General Counsel
Signature
By: Donna Spinola For: Loeb, Gary Howard
Issuer symbol
ISRG
Transactions as of
28 Feb 2023
Net transactions value
$0
Form type
4
Filing time
01 Mar 2023, 16:56:44 UTC
Previous filing
12 Oct 2022
Next filing
11 Aug 2023
SEC
View on sec.gov

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 +1,889 $0.000000 1,889 28 Feb 2023 Common Stock 1,889 $229.39 Direct F1
transaction ISRG Restricted Stock Units Award $0 +1,259 $0.000000 1,259 28 Feb 2023 Common Stock 1,259 $0.000000 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.