Robert DeSantis - 29 Feb 2024 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Reporting relationship: EVP & Chief Strategy & Corp Op
Issuer ticker: ISRG
Reported as of: 29 Feb 2024
Net transaction value: -$657,203
SEC form: 4
Accepted by SEC: 29 Feb 2024, 17:16:34 UTC
Prior SEC filing: 27 Feb 2024
Next SEC filing: 11 Mar 2024
Source filing: View source filing
Reporting owner signature: By: Donna Spinola For: DeSantis, Robert

Key filing fact

Robert DeSantis filed Form 4 for INTUITIVE SURGICAL INC (ISRG) on 29 Feb 2024.

Key facts

This page summarizes Robert DeSantis's Form 4 filing for INTUITIVE SURGICAL INC (ISRG).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 29 Feb 2024, 17:16.

Change

Previous filing in this sequence was filed on 27 Feb 2024.
Current net transaction value: -$657,203.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ISRG transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +2,172
Change %: +24%
Price: $0.000000
Shares after: 11,271
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

ISRG transaction

Common Stock

Tax liability

Transaction value: $387,750
Shares: -1,003
Change %: -8.9%
Price: $386.59
Shares after: 10,268
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

ISRG transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +1,504
Change %: +15%
Price: $0.000000
Shares after: 11,772
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

ISRG transaction

Common Stock

Tax liability

Transaction value: $269,453
Shares: -697
Change %: -5.9%
Price: $386.59
Shares after: 11,075
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ISRG transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -2,172
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 29 Feb 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,172
Exercise price: $0.000000
Footnotes: F2

ISRG transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,504
Change %: -33%
Price: $0.000000
Shares after: 3,007
Date: 29 Feb 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,504
Exercise price: $0.000000
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. RSUs convert into common stock on the vest date on a one-for-one basis. 25 % of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account.

Footnote F2

Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.