Miller Brian Edward - Feb 1, 2024 Form 3 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Signature
By: Donna Spinola For: Miller, Brian Edward
Stock symbol
ISRG
Transactions as of
Feb 1, 2024
Transactions value $
$0
Form type
3
Date filed
2/8/2024, 12:51 PM
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ISRG Common Stock 8.95K Feb 1, 2024 Direct

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
holding ISRG Non-Qualified Stock Option (right to buy) Feb 1, 2024 Common Stock 3.38K $177.99 Direct F1
holding ISRG Non-Qualified Stock Option (right to buy) Feb 1, 2024 Common Stock 6.77K $208.90 Direct F2
holding ISRG Non-Qualified Stock Option (right to buy) Feb 1, 2024 Common Stock 7.9K $229.39 Direct F3
holding ISRG Non-Qualified Stock Option (right to buy) Feb 1, 2024 Common Stock 3.38K $242.34 Direct F2
holding ISRG Non-Qualified Stock Option (right to buy) Feb 1, 2024 Common Stock 3.3K $245.60 Direct F1
holding ISRG Non-Qualified Stock Option (right to buy) Feb 1, 2024 Common Stock 6.77K $290.33 Direct F1
holding ISRG Non-Qualified Stock Option (right to buy) Feb 1, 2024 Common Stock 7.9K $304.67 Direct F4
holding ISRG Non-Qualified Stock Option (right to buy) Feb 1, 2024 Common Stock 3.3K $347.42 Direct F2
holding ISRG Restricted Stock Units Feb 1, 2024 Common Stock 5.27K $0.00 Direct F5
holding ISRG Restricted Stock Units Feb 1, 2024 Common Stock 1.69K $0.00 Direct F6
holding ISRG Restricted Stock Units Feb 1, 2024 Common Stock 3.3K $0.00 Direct F6
holding ISRG Restricted Stock Units Feb 1, 2024 Common Stock 3.38K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
F2 The option vests 7/48th one month after the date of grant and 1/48th monthly thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
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 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.
F5 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 February 10, 2023, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
F6 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 the date of grant, subject to Reporting Person's continuous service to the Issuer through each such vesting date.

Remarks:

Exhibit 24.1 - Power of Attorney