Brosius Mark - Oct 22, 2024 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Signature
By: Donna Spinola For: Brosius, Mark
Stock symbol
ISRG
Transactions as of
Oct 22, 2024
Transactions value $
-$956,303
Form type
4
Date filed
10/24/2024, 05:58 PM
Previous filing
Sep 16, 2024
Next filing
Oct 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $162K +2.11K +713.9% $77.00 2.4K Oct 22, 2024 Direct F1
transaction ISRG Common Stock Sale -$1.08M -2.11K -87.71% $515.00 295 Oct 22, 2024 Direct F1
transaction ISRG Common Stock Sale -$11.3K -22 -7.46% $515.00 273 Oct 22, 2024 Direct F1
transaction ISRG Common Stock Sale -$11.3K -22 -8.06% $513.89 251 Oct 23, 2024 Direct F1
transaction ISRG Common Stock Sale -$11.2K -22 -8.76% $510.79 229 Oct 24, 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 -2.11K -100% $0.00 0 Oct 22, 2024 Common Stock 2.11K $77.00 Direct F1, F2
* 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 June 13, 2025.
F2 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.