MARK J. RUBASH - 21 Apr 2023 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
Director
Signature
By: Donna Spinola For: Rubash, Mark J.
Issuer symbol
ISRG
Transactions as of
21 Apr 2023
Net transactions value
-$372,488
Form type
4
Filing time
24 Apr 2023, 20:01:45 UTC
Previous filing
31 May 2022
Next filing
28 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $41,899 +463 +3.1% $90.49 15,463 21 Apr 2023 Direct F1
transaction ISRG Common Stock Sale $137,925 -463 -3% $297.89 15,000 21 Apr 2023 Direct F1, F2
transaction ISRG Common Stock Options Exercise $12,339 +173 +1.2% $71.32* 15,173 21 Apr 2023 Direct F1
transaction ISRG Common Stock Sale $51,536 -173 -1.1% $297.89 15,000 21 Apr 2023 Direct F1, F2
transaction ISRG Common Stock Options Exercise $24,892 +349 +2.3% $71.32* 15,349 21 Apr 2023 Direct F1
transaction ISRG Common Stock Sale $103,977 -349 -2.3% $297.93 15,000 21 Apr 2023 Direct F1, F3
transaction ISRG Common Stock Options Exercise $24,892 +349 +2.3% $71.32* 15,349 21 Apr 2023 Direct F1
transaction ISRG Common Stock Sale $103,983 -349 -2.3% $297.94 15,000 21 Apr 2023 Direct F1, F4
transaction ISRG Common Stock Options Exercise $24,892 +349 +2.3% $71.32* 15,349 21 Apr 2023 Direct F1
transaction ISRG Common Stock Sale $103,981 -349 -2.3% $297.94 15,000 21 Apr 2023 Direct F1, F5

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 -173 -9.9% $0.000000 1,570 21 Apr 2023 Common Stock 173 $71.32 Direct F1, F6
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -349 -22% $0.000000 1,221 21 Apr 2023 Common Stock 349 $71.32 Direct F1, F6
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -349 -29% $0.000000 872 21 Apr 2023 Common Stock 349 $71.32 Direct F1, F6
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -349 -40% $0.000000 523 21 Apr 2023 Common Stock 349 $71.32 Direct F1, F6
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -927 -20% $0.000000 3,708 21 Apr 2023 Common Stock 927 $90.49 Direct F1, F7
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -927 -25% $0.000000 2,781 21 Apr 2023 Common Stock 927 $90.49 Direct F1, F7
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -927 -33% $0.000000 1,854 21 Apr 2023 Common Stock 927 $90.49 Direct F1, F7
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -463 -25% $0.000000 1,391 21 Apr 2023 Common Stock 463 $90.49 Direct F1, F7
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -598 -20% $0.000000 2,390 21 Apr 2023 Common Stock 598 $154.24 Direct F1, F7
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -598 -25% $0.000000 1,792 21 Apr 2023 Common Stock 598 $154.24 Direct F1, F7
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -598 -33% $0.000000 1,194 21 Apr 2023 Common Stock 598 $154.24 Direct F1, F7
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -299 -25% $0.000000 895 21 Apr 2023 Common Stock 299 $154.24 Direct F1, F7
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -460 -20% $0.000000 1,838 21 Apr 2023 Common Stock 460 $171.07 Direct F1, F6
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -460 -25% $0.000000 1,378 21 Apr 2023 Common Stock 460 $171.07 Direct F1, F6
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -460 -33% $0.000000 918 21 Apr 2023 Common Stock 460 $171.07 Direct F1, F6
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -230 -25% $0.000000 688 21 Apr 2023 Common Stock 230 $171.07 Direct F1, F6
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -472 -20% $0.000000 1,886 21 Apr 2023 Common Stock 472 $172.59 Direct F1, F7
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -472 -25% $0.000000 1,414 21 Apr 2023 Common Stock 472 $172.59 Direct F1, F7
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -472 -33% $0.000000 942 21 Apr 2023 Common Stock 472 $172.59 Direct F1, F7
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -235 -25% $0.000000 707 21 Apr 2023 Common Stock 235 $172.59 Direct F1, F7
* 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 February 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 $296.45 to $299.15 as follows: 275 shares sold at $296.45 to $297.41; 888 shares sold at $297.48 to $298.48; and 237 shares sold at $298.50 to $299.15. 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 $296.62 to $299.27 as follows: 638 shares sold at $296.62 to $297.49; 1,718 shares sold at $297.68 to $298.67; and 450 shares sold at $298.69 to $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.
F4 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.60 to $299.28 as follows: 638 shares sold at $296.60 to $297.51; 1,768 shares sold at $297.72 to $298.69; and 400 shares sold at $298.74 to $299.28. 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 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.60 to $299.27 as follows: 638 shares sold at $296.60 to $297.49; 1,768 shares sold at $297.73 to $298.69; and 400 shares sold at $298.74 to $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.
F6 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director to the issuer.
F7 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.