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 | -2.82K | -35.7% | $0.00 | 5.08K | Apr 23, 2024 | Common Stock | 2.82K | $177.99 | Direct | F1, F3 |
transaction | ISRG | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -2.5K | -33.33% | $0.00 | 5K | Apr 23, 2024 | Common Stock | 2.5K | $182.83 | Direct | F1, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 12, 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 $368.86 to $371.98 as follows: 700 shares sold at $368.86 to $369.85; 3,321 shares sold at $369.99 to $370.94; and 1,297 shares sold at $371.03 to $371.98. 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. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter. |