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 | -2.26K | -100% | $0.00 | 0 | Nov 12, 2024 | Common Stock | 2.26K | $177.99 | Direct | F1, F3 |
transaction | ISRG | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -5K | -100% | $0.00 | 0 | Nov 12, 2024 | Common Stock | 5K | $182.83 | Direct | F1, F3 |
transaction | ISRG | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -4.01K | -66.67% | $0.00 | 2.01K | Nov 12, 2024 | Common Stock | 4.01K | $208.90 | Direct | F1, F4 |
transaction | ISRG | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -2.2K | -43.74% | $0.00 | 2.83K | Nov 12, 2024 | Common Stock | 2.2K | $229.39 | Direct | F1, F5 |
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 | The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 13, 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 $533.10 to $538.66 as follows: 4,510 shares sold at $533.10 to $534.07; 907 shares sold at $534.11 to $534.68; 200 shares sold at $535.34 to $536.28; 4,400 shares sold at $536.46 to $537.36; 3,437 shares sold at $537.49 to $538.36; and 12 shares sold at $538.66. 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. |
F4 | 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. |
F5 | 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. |