Myriam Curet McAdams - 21 Apr 2023 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Signature
By: Donna Spinola For: Curet, Myriam
Issuer symbol
ISRG
Transactions as of
21 Apr 2023
Net transactions value
-$1,505,793
Form type
4
Filing time
24 Apr 2023, 17:08:41 UTC
Previous filing
01 Mar 2023
Next filing
03 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $333,247 +2,000 +103% $166.62 3,950 21 Apr 2023 Direct F1
transaction ISRG Common Stock Sale $600,002 -2,000 -51% $300.00 1,950 21 Apr 2023 Direct F1
transaction ISRG Common Stock Options Exercise $1,045,540 +6,000 +308% $174.26 7,950 21 Apr 2023 Direct F1
transaction ISRG Common Stock Sale $1,800,007 -6,000 -75% $300.00 1,950 21 Apr 2023 Direct F1
transaction ISRG Common Stock Sale $333,071 -1,118 -57% $297.92 832 21 Apr 2023 Direct F1, F2
transaction ISRG Common Stock Sale $151,500 -505 -61% $300.00 327 21 Apr 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,000 -31% $0.000000 4,500 21 Apr 2023 Common Stock 2,000 $166.62 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -6,000 -100% $0.000000* 0 21 Apr 2023 Common Stock 6,000 $174.26 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 August 10, 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 $296.54 to $299.27 as follows: 232 shares sold at $296.54 - $297.32; 666 shares sold at $297.57 - $298.50; 220 shares sold at $298.62 - $299.27. 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 7/48 one month after the date of grant and 1/48 each month thereafter.