Robert DeSantis - 26 Feb 2025 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
EVP & Chief Strategy & Corp Op
Signature
By: Stephanie Lim-Ignacio For: DeSantis, Robert
Issuer symbol
ISRG
Transactions as of
26 Feb 2025
Net transactions value
-$703,405
Form type
4
Filing time
27 Feb 2025, 16:52:21 UTC
Previous filing
10 Feb 2025
Next filing
03 Mar 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 $0 +1,587 +26% $0.000000 7,718 26 Feb 2025 Direct F1
transaction ISRG Common Stock Tax liability $358,588 -625 -8.1% $573.74 7,093 26 Feb 2025 Direct F1
transaction ISRG Common Stock Options Exercise $0 +1,527 +22% $0.000000 8,620 26 Feb 2025 Direct F1
transaction ISRG Common Stock Tax liability $344,818 -601 -7% $573.74 8,019 26 Feb 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 Restricted Stock Units Options Exercise $0 -1,587 -100% $0.000000 0 26 Feb 2025 Common Stock 1,587 $0.000000 Direct F2
transaction ISRG Restricted Stock Units - 2-26-2024 Options Exercise $0 -1,527 -25% $0.000000 4,578 26 Feb 2025 Common Stock 1,527 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.