Marshall Mohr - Oct 25, 2021 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Signature
By: Donna Spinola For: Marhall L. Mohr
Stock symbol
ISRG
Transactions as of
Oct 25, 2021
Transactions value $
-$5,732,433
Form type
4
Date filed
10/26/2021, 05:10 PM
Previous filing
Aug 27, 2021
Next filing
Jan 19, 2022

Transactions Table

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 -20.5K -100% $0.00* 0 Oct 25, 2021 Common Stock 20.5K $59.23 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were exercised and sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on December 2, 2021.
F2 On October 5, 2021, the common stock and equity grants of Intuitive Surgical split 3-for-1, resulting in the reporting person's ownership of the company's stock and equity grants to increase (for every one share owned or granted, 2 additional shares were issued) and the exercise price of stock option grants to decrease to 1/3rd of the original grant price.
F3 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $336.76 to $341.66 as follows: 200 shares sold at $336.76 to $336.77; 2,392 shares sold at $337.03 to $337.96; 12,570 shares sold at $338.02 to $339.99; 4,423 shares sold at $$340.03 to $340.89; 890 shares sold at $$341.015 to $341.66. 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.
F4 Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 7/48th one month after the date of grant and 1/48th monthly thereafter.