Samath Jamie - Nov 8, 2024 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Signature
By: Donna Spinola For: Samath, Jamie
Stock symbol
ISRG
Transactions as of
Nov 8, 2024
Transactions value $
-$6,483,252
Form type
4
Date filed
11/12/2024, 07:16 PM
Previous filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $873K +3.01K +34.34% $290.33 11.8K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $817K +2.35K +19.99% $347.42 14.1K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $578K +2.35K +16.66% $245.60 16.5K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $367K +1.52K +9.2% $242.34 18K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $271K +1.52K +8.46% $177.99 19.5K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $241K +1.45K +7.43% $166.62 21K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $265K +1.45K +6.92% $182.83 22.4K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $75.3K +432 +1.93% $174.26 22.8K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $60.3K +432 +1.89% $139.52 23.3K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $821K +2.69K +11.58% $304.67 26K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $618K +2.69K +10.37% $229.39 28.7K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $628K +3.01K +10.49% $208.90 31.7K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Sale -$12M -22.9K -72.34% $525.00 8.76K Nov 8, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $40.8K +134 +1.53% $304.67 8.89K Nov 11, 2024 Direct F1
transaction ISRG Common Stock Options Exercise $31K +135 +1.52% $229.39 9.03K Nov 11, 2024 Direct F1
transaction ISRG Common Stock Sale -$145K -269 -2.98% $539.89 8.76K Nov 11, 2024 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 -3.01K -66.66% $0.00 1.5K Nov 8, 2024 Common Stock 3.01K $290.33 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.35K -91.7% $0.00 213 Nov 8, 2024 Common Stock 2.35K $347.42 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.35K -91.7% $0.00 213 Nov 8, 2024 Common Stock 2.35K $245.60 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.52K -100% $0.00 0 Nov 8, 2024 Common Stock 1.52K $242.34 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.52K -100% $0.00 0 Nov 8, 2024 Common Stock 1.52K $177.99 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.45K -100% $0.00 0 Nov 8, 2024 Common Stock 1.45K $166.62 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.45K -100% $0.00 0 Nov 8, 2024 Common Stock 1.45K $182.83 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -432 -100% $0.00 0 Nov 8, 2024 Common Stock 432 $174.26 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -432 -100% $0.00 0 Nov 8, 2024 Common Stock 432 $139.52 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.69K -41.68% $0.00 3.77K Nov 8, 2024 Common Stock 2.69K $304.67 Direct F1, F6
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.69K -41.66% $0.00 3.77K Nov 8, 2024 Common Stock 2.69K $229.39 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -3.01K -66.66% $0.00 1.5K Nov 8, 2024 Common Stock 3.01K $208.90 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -135 -3.58% $0.00 3.64K Nov 11, 2024 Common Stock 135 $229.39 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -134 -3.55% $0.00 3.64K Nov 11, 2024 Common Stock 134 $304.67 Direct F1, F6
* 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 The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.
F3 The option vests 7/48th one month after the date of grant and 1/48th monthly thereafter.
F4 The option is fully vested and exercisable.
F5 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.
F6 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.

Remarks:

Title: CFO and Head of Business Technology; Exhibit 24.1 - Power of Attorney