David J. Rosa - 12 Jun 2023 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
President
Signature
By: Donna Spinola For: Rosa, David J
Issuer symbol
ISRG
Transactions as of
12 Jun 2023
Net transactions value
$0
Form type
4
Filing time
15 Jun 2023, 17:30:12 UTC
Previous filing
24 Apr 2023
Next filing
11 Aug 2023
SEC
View on sec.gov

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) Award $0 +16,297 $0.000000 16,297 12 Jun 2023 Common Stock 16,297 $313.64 Direct F1
transaction ISRG Restricted Stock Units Award $0 +5,433 $0.000000 5,433 12 Jun 2023 Common Stock 5,433 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The option vests 1/4th on the first anniversary of June 10, 2023 and 1/48 monthly thereafter.
F2 Constitute restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock upon vesting. 25% of the RSUs shall vest on each anniversary of June 10, 2023, subject to Reporting Person's continuous service to the Issuer through each such vesting date.