Craig H. Barratt - Apr 21, 2023 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
Director
Signature
By: Donna Spinola For: Barratt, Craig H.
Stock symbol
ISRG
Transactions as of
Apr 21, 2023
Transactions value $
-$1,539,977
Form type
4
Date filed
4/24/2023, 05:53 PM
Previous filing
May 27, 2022
Next filing
Apr 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $82.5K +2K $41.26* 2K Apr 21, 2023 Direct F1
transaction ISRG Common Stock Sale -$596K -2K -100% $297.92 0 Apr 21, 2023 Direct F1, F2
transaction ISRG Common Stock Options Exercise $82.5K +2K $41.26* 2K Apr 21, 2023 Direct F1
transaction ISRG Common Stock Sale -$596K -2K -100% $297.93 0 Apr 21, 2023 Direct F1, F3
transaction ISRG Common Stock Options Exercise $82.5K +2K $41.26* 2K Apr 21, 2023 Direct F1
transaction ISRG Common Stock Sale -$596K -2K -100% $297.92 0 Apr 21, 2023 Direct F1, F4
holding ISRG Common Stock 24.7K Apr 21, 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 -2K -20.91% $0.00 7.57K Apr 21, 2023 Common Stock 2K $41.26 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2K -26.43% $0.00 5.57K Apr 21, 2023 Common Stock 2K $41.26 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2K -35.93% $0.00 3.57K Apr 21, 2023 Common Stock 2K $41.26 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on March 1, 2024.
F2 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.42 to $299.21 as follows: 384 shares at $296.42 - $297.12; 1,216 shares at $297.57 -$298.50; 400 shares at $298.58 - $299.21. 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 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.56 to $299.20 as follows: 404 shares sold at $296.56 - 297.56; 1,201 shares sold at $297.6 - $298.59; and 395 shares sold at $298.61 - $299.20. 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.
F4 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.42 to $299.23 as follows: 366 shares sold at $296.42 - 297.14; 1,254 shares sold at $297.52 - $298.46; 380 shares sold at $298.63 - $299.23. 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.
F5 Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company.