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 | -100% | $0.00* | 0 | May 13, 2024 | Common Stock | 90 | $179.70 | Direct | F1, F3 |
transaction | ISRG | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -119 | -2.92% | $0.00 | 3.95K | May 10, 2024 | Common Stock | 119 | $229.39 | Direct | F1, F4 |
transaction | ISRG | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -120 | -2.95% | $0.00 | 3.95K | May 10, 2024 | Common Stock | 120 | $304.67 | Direct | F1, F5 |
transaction | ISRG | Restricted Stock Units | Options Exercise | $0 | -360 | -100% | $0.00* | 0 | May 11, 2024 | Common Stock | 360 | $0.00 | Direct | F2, F6 |
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 December 9, 2024. |
F2 | 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. |
F3 | 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. |
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 | 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. |
F6 | 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. |