Jamie Samath - 28 Jan 2025 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
EVP & CFO & Enterprise Technol
Signature
By: Stephanie Lim-Ignacio For: Samath, Jamie
Issuer symbol
ISRG
Transactions as of
28 Jan 2025
Net transactions value
-$3,779,901
Form type
4
Filing time
29 Jan 2025, 17:29:03 UTC
Previous filing
11 Dec 2024
Next filing
10 Feb 2025
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 +2.1% $290.33 8,945 28 Jan 2025 Direct F1
transaction ISRG Common Stock Sale $106,521 -188 -2.1% $566.60 8,757 28 Jan 2025 Direct F1
transaction ISRG Common Stock Options Exercise $36,479 +105 +1.2% $347.42 8,862 28 Jan 2025 Direct F1
transaction ISRG Common Stock Sale $59,493 -105 -1.2% $566.60 8,757 28 Jan 2025 Direct F1
transaction ISRG Common Stock Options Exercise $25,788 +105 +1.2% $245.60 8,862 28 Jan 2025 Direct F1
transaction ISRG Common Stock Sale $59,493 -105 -1.2% $566.60 8,757 28 Jan 2025 Direct F1
transaction ISRG Common Stock Options Exercise $41,130 +135 +1.5% $304.67 8,892 28 Jan 2025 Direct F1
transaction ISRG Common Stock Sale $76,491 -135 -1.5% $566.60 8,757 28 Jan 2025 Direct F1
transaction ISRG Common Stock Options Exercise $30,738 +134 +1.5% $229.39 8,891 28 Jan 2025 Direct F1
transaction ISRG Common Stock Sale $75,924 -134 -1.5% $566.60 8,757 28 Jan 2025 Direct F1
transaction ISRG Common Stock Options Exercise $19,637 +94 +1.1% $208.90 8,851 28 Jan 2025 Direct F1
transaction ISRG Common Stock Sale $53,260 -94 -1.1% $566.60 8,757 28 Jan 2025 Direct F1
transaction ISRG Common Stock Sale $3,523,025 -6,127 -70% $575.00 2,630 28 Jan 2025 Direct F1
transaction ISRG Common Stock Options Exercise $19,637 +94 +3.6% $208.90 2,724 29 Jan 2025 Direct F1
transaction ISRG Common Stock Sale $53,684 -94 -3.5% $571.11 2,630 29 Jan 2025 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 -94 -6.7% $0.000000 1,316 28 Jan 2025 Common Stock 94 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -94 -7.1% $0.000000 1,222 29 Jan 2025 Common Stock 94 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -134 -3.8% $0.000000 3,367 28 Jan 2025 Common Stock 134 $229.39 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -105 -66% $0.000000 54 28 Jan 2025 Common Stock 105 $245.60 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -13% $0.000000 1,222 28 Jan 2025 Common Stock 188 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -135 -3.9% $0.000000 3,366 28 Jan 2025 Common Stock 135 $304.67 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -105 -66% $0.000000 54 28 Jan 2025 Common Stock 105 $347.42 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 May 6, 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.
F3 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.
F4 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.
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.