Charlton Henry L - Aug 23, 2024 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Signature
By: Donna Spinola For: Charlton, Henry L
Stock symbol
ISRG
Transactions as of
Aug 23, 2024
Transactions value $
-$16,782,325
Form type
4
Date filed
8/26/2024, 05:04 PM
Previous filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $437K +2.63K +11.18% $166.62 26.1K Aug 23, 2024 Direct F1
transaction ISRG Common Stock Sale -$1.28M -2.63K -10.05% $486.85 23.5K Aug 23, 2024 Direct F1, F2
transaction ISRG Common Stock Options Exercise $480K +2.63K +11.18% $182.83 26.1K Aug 23, 2024 Direct F1
transaction ISRG Common Stock Sale -$1.28M -2.63K -10.05% $486.85 23.5K Aug 23, 2024 Direct F1, F2
transaction ISRG Common Stock Options Exercise $421K +2.41K +10.28% $174.26 25.9K Aug 23, 2024 Direct F1
transaction ISRG Common Stock Sale -$1.18M -2.41K -9.32% $486.81 23.5K Aug 23, 2024 Direct F1, F3
transaction ISRG Common Stock Options Exercise $233K +1.34K +5.69% $174.26 24.8K Aug 23, 2024 Direct F1
transaction ISRG Common Stock Sale -$650K -1.34K -5.38% $486.85 23.5K Aug 23, 2024 Direct F1, F2
transaction ISRG Common Stock Options Exercise $523K +3.75K +15.97% $139.52 27.2K Aug 23, 2024 Direct F1
transaction ISRG Common Stock Sale -$1.83M -3.75K -13.77% $486.81 23.5K Aug 23, 2024 Direct F1, F3
transaction ISRG Common Stock Options Exercise $570K +5.2K +22.15% $109.49 28.7K Aug 23, 2024 Direct F1
transaction ISRG Common Stock Sale -$2.53M -5.2K -18.14% $486.84 23.5K Aug 23, 2024 Direct F1, F4
transaction ISRG Common Stock Options Exercise $46.2K +422 +1.8% $109.49 23.9K Aug 23, 2024 Direct F1
transaction ISRG Common Stock Sale -$205K -422 -1.77% $486.81 23.5K Aug 23, 2024 Direct F1, F3
transaction ISRG Common Stock Options Exercise $37.3K +468 +1.99% $79.64 24K Aug 23, 2024 Direct F1
transaction ISRG Common Stock Sale -$228K -468 -1.95% $486.84 23.5K Aug 23, 2024 Direct F1, F4
transaction ISRG Common Stock Options Exercise $35.1K +456 +1.94% $77.00 23.9K Aug 23, 2024 Direct F1
transaction ISRG Common Stock Sale -$222K -456 -1.9% $486.84 23.5K Aug 23, 2024 Direct F1, F4
transaction ISRG Common Stock Options Exercise $27.3K +459 +1.95% $59.46 23.9K Aug 23, 2024 Direct F1
transaction ISRG Common Stock Sale -$223K -459 -1.92% $486.84 23.5K Aug 23, 2024 Direct F1, F4
transaction ISRG Common Stock Sale -$3.32M -6.83K -29.07% $486.82 16.7K Aug 23, 2024 Direct F1, F5
transaction ISRG Common Stock Sale -$3.32M -6.83K -40.99% $486.86 9.83K Aug 23, 2024 Direct F1, F6
transaction ISRG Common Stock Sale -$3.32M -6.83K -69.47% $486.85 3K Aug 23, 2024 Direct F1, F7

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 -459 -100% $0.00 0 Aug 23, 2024 Common Stock 459 $59.46 Direct F1, F8
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -456 -100% $0.00 0 Aug 23, 2024 Common Stock 456 $77.00 Direct F1, F9
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -468 -100% $0.00 0 Aug 23, 2024 Common Stock 468 $79.64 Direct F1, F8
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -5.2K -92.5% $0.00 422 Aug 23, 2024 Common Stock 5.2K $109.49 Direct F1, F9
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -422 -100% $0.00 0 Aug 23, 2024 Common Stock 422 $109.49 Direct F1, F9
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -3.75K -100% $0.00 0 Aug 23, 2024 Common Stock 3.75K $139.52 Direct F1, F8
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.63K -100% $0.00 0 Aug 23, 2024 Common Stock 2.63K $166.62 Direct F1, F9
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.41K -64.37% $0.00 1.34K Aug 23, 2024 Common Stock 2.41K $174.26 Direct F1, F9
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.34K -100% $0.00 0 Aug 23, 2024 Common Stock 1.34K $174.26 Direct F1, F9
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.63K -100% $0.00 0 Aug 23, 2024 Common Stock 2.63K $182.83 Direct F1, F8
* 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 The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 26, 2025.
F2 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $480.29 to $492.95 as follows: 886 shares sold at $480.29 to $481.00; 578 shares sold at $481.46 to $482.25; 284 shares sold at $482.94 to $483.61; 933 shares sold at $483.95 to $484.73; 467 shares sold at $485.00 to $485.78; 180 shares sold at $486.07 to $486.95; 560 shares sold at $488.11 to $488.74; 1,036 shares sold at $489.35 to $490.35; 488 shares sold at $490.52 to $491.52; 866 shares sold at $491.57 to $492.45; and 308 shares sold at $492.62 to $492.95. 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 $480.29 to $493.00 as follows: 1,080 shares sold at $480.29 to $481.27; 443 shares sold at $481.40 to $482.25; 199 shares sold at $482.81 to $483.33; 812 shares sold at $483.90 to $484.62; 708 shares sold at $484.91 to $485.78; 559 shares sold at $488.03 to $488.73; 809 shares sold at $489.20 to $490.09; 655 shares sold at $490.22 to $491.21; 948 shares sold at $491.41 to $492.25; and 373 shares sold at $492.62 to $493.00. 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 $480.30 to $493.00 as follows: 836 shares sold at $480.30 to $480.96; 597 shares sold at $481.40 to $482.40; 285 shares sold at $482.45 to $483.37; 784 shares sold at $483.63 to $484.62; 714 shares sold at $484.80 to $485.64; 100 shares sold at $486.95; 476 shares sold at $488.11 to $488.58; 1,034 shares sold at $489.30 to $490.30; 364 shares sold at $490.38 to $491.17; 1,038 shares sold at $491.41 to $492.28; and 358 shares sold at $492.62 to $493.00. 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 $480.29 to $492.62 as follows: 1,134 shares sold at $480.29 to $481.24; 344 shares sold at $481.40 to $482.25; 317 shares sold at $482.69 to $483.61; 832 shares sold at $483.90 to $484.82; 713 shares sold at $485.04 to $485.96; 100 shares sold at $486.95; 755 shares sold at $488.42 to $489.31; 1,198 shares sold at $489.60 to $490.50; 428 shares sold at $490.77 to $491.74; and 1,007 shares sold at $491.79 to $492.62. 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 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $480.53 to $493.48 as follows: 1,082 shares sold at $480.53 to $481.48; 383 shares sold at $481.63 to $482.25; 342 shares sold at $482.69 to $483.61; 952 shares sold at $483.95 to $484.84; 603 shares sold at $485.01 to $485.64; 488 shares sold at $488.17 to $489.00; 908 shares sold at $489.19 to $490.16; 684 shares sold at $490.22 to $490.97; 958 shares sold at $491.41 to $492.01; 409 shares sold at $492.45 to $493.04; and 19 shares sold at $493.48. 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.
F7 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $480.23 to $493.36 as follows: 939 shares sold at $480.23 to $480.84; 525 shares sold at $481.27 to $482.25; 100 shares sold at $482.45; 1,067 shares sold at $483.58 to $484.58; 542 shares sold at $484.68 to $485.59; 96 shares sold at $485.78; 144 shares sold at $486.91 to $487.14; 588 shares sold at $488.11 to $488.66; 790 shares sold at $489.22 to $490.08; 600 shares sold at $490.28 to $491.22; 1,015 shares sold at $491.37 to $492.05; and 423 shares sold at $492.52 to $493.36. 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.
F8 Non-statutory stock option granted pursuant to the 2010 Incentive Awards Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.
F9 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.