Robert DeSantis - 26 Apr 2024 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
EVP & Chief Strategy & Corp Op
Signature
By: Donna Spinola For: DeSantis, Robert
Issuer symbol
ISRG
Transactions as of
26 Apr 2024
Net transactions value
-$192,488
Form type
4
Filing time
30 Apr 2024, 13:36:42 UTC
Previous filing
11 Mar 2024
Next filing
14 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $54,582 +188 +3.4% $290.33 5,695 26 Apr 2024 Direct F1
transaction ISRG Common Stock Sale $69,203 -188 -3.3% $368.10 5,507 26 Apr 2024 Direct F1
transaction ISRG Common Stock Options Exercise $137,577 +396 +7.2% $347.42 5,903 26 Apr 2024 Direct F1
transaction ISRG Common Stock Sale $148,500 -396 -6.7% $375.00 5,507 26 Apr 2024 Direct F1
transaction ISRG Common Stock Options Exercise $97,258 +396 +7.2% $245.60 5,903 26 Apr 2024 Direct F1
transaction ISRG Common Stock Sale $145,768 -396 -6.7% $368.10 5,507 26 Apr 2024 Direct F1
transaction ISRG Common Stock Options Exercise $16,173 +90 +1.6% $179.70 5,597 26 Apr 2024 Direct F1
transaction ISRG Common Stock Sale $33,129 -90 -1.6% $368.10 5,507 26 Apr 2024 Direct F1
transaction ISRG Common Stock Options Exercise $36,560 +120 +2.2% $304.67 5,627 26 Apr 2024 Direct F1
transaction ISRG Common Stock Sale $44,172 -120 -2.1% $368.10 5,507 26 Apr 2024 Direct F1
transaction ISRG Common Stock Options Exercise $27,527 +120 +2.2% $229.39 5,627 26 Apr 2024 Direct F1
transaction ISRG Common Stock Sale $44,172 -120 -2.1% $368.10 5,507 26 Apr 2024 Direct F1
transaction ISRG Common Stock Options Exercise $39,273 +188 +3.4% $208.90 5,695 26 Apr 2024 Direct F1
transaction ISRG Common Stock Sale $69,203 -188 -3.3% $368.10 5,507 26 Apr 2024 Direct F1
transaction ISRG Common Stock Options Exercise $54,582 +188 +3.4% $290.33 5,695 29 Apr 2024 Direct F1
transaction ISRG Common Stock Sale $70,573 -188 -3.3% $375.39 5,507 29 Apr 2024 Direct F1
transaction ISRG Common Stock Options Exercise $39,273 +188 +3.4% $208.90 5,695 29 Apr 2024 Direct F1
transaction ISRG Common Stock Sale $70,573 -188 -3.3% $375.39 5,507 29 Apr 2024 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 -90 -50% $0.000000 90 26 Apr 2024 Common Stock 90 $179.70 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -4.2% $0.000000 4,323 26 Apr 2024 Common Stock 188 $208.90 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -4.3% $0.000000 4,135 29 Apr 2024 Common Stock 188 $208.90 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -120 -2.9% $0.000000 4,070 26 Apr 2024 Common Stock 120 $229.39 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -396 -17% $0.000000 1,986 26 Apr 2024 Common Stock 396 $245.60 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -4.2% $0.000000 4,324 26 Apr 2024 Common Stock 188 $290.33 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -4.3% $0.000000 4,136 29 Apr 2024 Common Stock 188 $290.33 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -120 -2.9% $0.000000 4,070 26 Apr 2024 Common Stock 120 $304.67 Direct F1, F6
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -396 -17% $0.000000 1,986 26 Apr 2024 Common Stock 396 $347.42 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

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 December 9, 2024.
F2 Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The grant vests 25% on the first anniversary of the date of grant and monthly thereafter, over a four year period of time.
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.
F4 12.5% of the shares subject to the option vest on the six-month anniversary measured from February 10, 2023, and 1/48th of the total number of shares vest in forty-two (42) successive and equal monthly installments thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
F5 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.
F6 7/48th of the shares subject to the option vest on the one-month anniversary measured from August 10, 2023, and 1/48th of the total number of shares vest in forty-one (41) successive and equal monthly installments thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.