Jamie Samath - 08 Nov 2024 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Signature
By: Donna Spinola For: Samath, Jamie
Issuer symbol
ISRG
Transactions as of
08 Nov 2024
Net transactions value
-$6,483,252
Form type
4
Filing time
12 Nov 2024, 19:16:37 UTC
Previous filing
29 Feb 2024
Next filing
26 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $873,022 +3,007 +34% $290.33 11,764 08 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $817,124 +2,352 +20% $347.42 14,116 08 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $577,651 +2,352 +17% $245.60 16,468 08 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $367,140 +1,515 +9.2% $242.34 17,983 08 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $270,718 +1,521 +8.5% $177.99 19,504 08 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $241,437 +1,449 +7.4% $166.62 20,953 08 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $264,925 +1,449 +6.9% $182.83 22,402 08 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $75,279 +432 +1.9% $174.26 22,834 08 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $60,273 +432 +1.9% $139.52 23,266 08 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $820,781 +2,694 +12% $304.67 25,960 08 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $617,747 +2,693 +10% $229.39 28,653 08 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $628,162 +3,007 +10% $208.90 31,660 08 Nov 2024 Direct F1
transaction ISRG Common Stock Sale $12,024,075 -22,903 -72% $525.00 8,757 08 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $40,826 +134 +1.5% $304.67 8,891 11 Nov 2024 Direct F1
transaction ISRG Common Stock Options Exercise $30,968 +135 +1.5% $229.39 9,026 11 Nov 2024 Direct F1
transaction ISRG Common Stock Sale $145,230 -269 -3% $539.89 8,757 11 Nov 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 -3,007 -67% $0.000000 1,504 08 Nov 2024 Common Stock 3,007 $290.33 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,352 -92% $0.000000 213 08 Nov 2024 Common Stock 2,352 $347.42 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,352 -92% $0.000000 213 08 Nov 2024 Common Stock 2,352 $245.60 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1,515 -100% $0.000000 0 08 Nov 2024 Common Stock 1,515 $242.34 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1,521 -100% $0.000000 0 08 Nov 2024 Common Stock 1,521 $177.99 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1,449 -100% $0.000000 0 08 Nov 2024 Common Stock 1,449 $166.62 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1,449 -100% $0.000000 0 08 Nov 2024 Common Stock 1,449 $182.83 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -432 -100% $0.000000 0 08 Nov 2024 Common Stock 432 $174.26 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -432 -100% $0.000000 0 08 Nov 2024 Common Stock 432 $139.52 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,694 -42% $0.000000 3,770 08 Nov 2024 Common Stock 2,694 $304.67 Direct F1, F6
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,693 -42% $0.000000 3,771 08 Nov 2024 Common Stock 2,693 $229.39 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -3,007 -67% $0.000000 1,504 08 Nov 2024 Common Stock 3,007 $208.90 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -135 -3.6% $0.000000 3,636 11 Nov 2024 Common Stock 135 $229.39 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -134 -3.6% $0.000000 3,636 11 Nov 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