Marshall Mohr - 28 Feb 2024 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
29 Feb 2024, 19:17:15 UTC
Prior SEC filing
27 Feb 2024
Next SEC filing
05 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Donna Spinola For: Mohr, Marshall L

Key filing fact

Marshall Mohr filed Form 4 for INTUITIVE SURGICAL INC (ISRG) on 29 Feb 2024.

Key facts

  • This page summarizes Marshall Mohr's Form 4 filing for INTUITIVE SURGICAL INC (ISRG).
  • 33 reported transactions and 11 derivative rows are listed below.
  • Accepted by SEC: 29 Feb 2024, 19:17.

Change

  • Previous filing in this sequence was filed on 27 Feb 2024.
  • Current net transaction value: -$24,052,889.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ISRG transaction

Common Stock

Options Exercise

Transaction value
$3,278,816
Shares
+13,530
Change %
+50%
Price
$242.34
Shares after
40,407
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1
ISRG transaction

Common Stock

Sale

Transaction value
$5,210,139
Shares
-13,530
Change %
-33%
Price
$385.08
Shares after
26,877
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1, F2
ISRG transaction

Common Stock

Options Exercise

Transaction value
$2,408,160
Shares
+13,530
Change %
+50%
Price
$177.99
Shares after
40,407
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1
ISRG transaction

Common Stock

Sale

Transaction value
$5,210,139
Shares
-13,530
Change %
-33%
Price
$385.08
Shares after
26,877
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1, F2
ISRG transaction

Common Stock

Options Exercise

Transaction value
$1,749,545
Shares
+10,500
Change %
+39%
Price
$166.62
Shares after
37,377
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1
ISRG transaction

Common Stock

Sale

Transaction value
$4,043,345
Shares
-10,500
Change %
-28%
Price
$385.08
Shares after
26,877
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1, F2
ISRG transaction

Common Stock

Options Exercise

Transaction value
$2,221,773
Shares
+12,750
Change %
+47%
Price
$174.26
Shares after
39,627
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1
ISRG transaction

Common Stock

Sale

Transaction value
$4,909,776
Shares
-12,750
Change %
-32%
Price
$385.08
Shares after
26,877
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1, F2
ISRG transaction

Common Stock

Options Exercise

Transaction value
$1,778,880
Shares
+12,750
Change %
+47%
Price
$139.52
Shares after
39,627
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1
ISRG transaction

Common Stock

Sale

Transaction value
$4,909,776
Shares
-12,750
Change %
-32%
Price
$385.08
Shares after
26,877
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1, F2
ISRG transaction

Common Stock

Options Exercise

Transaction value
$2,463,426
Shares
+22,500
Change %
+84%
Price
$109.49
Shares after
49,377
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1
ISRG transaction

Common Stock

Sale

Transaction value
$5,630,044
Shares
-14,620
Change %
-30%
Price
$385.09
Shares after
34,757
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1, F3
ISRG transaction

Common Stock

Options Exercise

Transaction value
$1,791,850
Shares
+22,500
Change %
+65%
Price
$79.64
Shares after
57,257
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1
ISRG transaction

Common Stock

Sale

Transaction value
$5,294,842
Shares
-13,750
Change %
-24%
Price
$385.08
Shares after
43,507
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1, F4
ISRG transaction

Common Stock

Options Exercise

Transaction value
$866,238
Shares
+11,250
Change %
+26%
Price
$77.00
Shares after
54,757
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1
ISRG transaction

Common Stock

Sale

Transaction value
$2,641,659
Shares
-6,860
Change %
-13%
Price
$385.08
Shares after
47,897
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1, F5
ISRG transaction

Common Stock

Options Exercise

Transaction value
$1,919,750
Shares
+10,500
Change %
+22%
Price
$182.83
Shares after
58,397
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1
ISRG transaction

Common Stock

Sale

Transaction value
$4,043,345
Shares
-10,500
Change %
-18%
Price
$385.08
Shares after
47,897
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1, F2
ISRG transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+2,253
Change %
+4.7%
Price
$0.000000
Shares after
50,150
Date
29 Feb 2024
Ownership
Direct
Footnotes
F6
ISRG transaction

Common Stock

Tax liability

Transaction value
$441,486
Shares
-1,142
Change %
-2.3%
Price
$386.59
Shares after
49,008
Date
29 Feb 2024
Ownership
Direct
Footnotes
F6
ISRG transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,003
Change %
+2%
Price
$0.000000
Shares after
50,011
Date
29 Feb 2024
Ownership
Direct
Footnotes
F6
ISRG transaction

Common Stock

Tax liability

Transaction value
$196,774
Shares
-509
Change %
-1%
Price
$386.59
Shares after
49,502
Date
29 Feb 2024
Ownership
Direct
Footnotes
F6
ISRG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
100,353
Date
28 Feb 2024
Ownership
by Trust

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ISRG transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-11,250
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,250
Exercise price
$77.00
Footnotes
F7
ISRG transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-22,500
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
22,500
Exercise price
$79.64
Footnotes
F8
ISRG transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-22,500
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
22,500
Exercise price
$109.49
Footnotes
F7
ISRG transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-12,750
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,750
Exercise price
$139.52
Footnotes
F8
ISRG transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-10,500
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,500
Exercise price
$166.62
Footnotes
F7
ISRG transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-12,750
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,750
Exercise price
$174.26
Footnotes
F7
ISRG transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-13,530
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,530
Exercise price
$177.99
Footnotes
F8
ISRG transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-10,500
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,500
Exercise price
$182.83
Footnotes
F8
ISRG transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-13,530
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,530
Exercise price
$242.34
Footnotes
F7
ISRG transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-2,253
Change %
-100%
Price
$0.000000*
Shares after
0
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,253
Exercise price
$0.000000
Footnotes
F9
ISRG transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,003
Change %
-33%
Price
$0.000000
Shares after
2,004
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,003
Exercise price
$0.000000
Footnotes
F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 9 footnotes

Footnote F1

These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 15, 2024.

Footnote F2

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $383.56 to $386.01 as follows: 9,629 shares sold at $383.56 to $384.54; 57,452 shares sold at $384.59 to $385.59; and 6,479 shares sold at $385.61 to $386.01. 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.

Footnote F3

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $383.85 to $385.97 as follows: 3,620 shares sold at $383.85 to $384.82; 10,760 shares sold at $384.87 to $385.85; and 240 shares sold at $385.90 to $386.01. 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.

Footnote F4

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $383.85 to $385.97 as follows: 3,390 shares sold at $383.85 to $384.82; 10,116 shares sold at $384.87 to $385.79; and 244 shares sold at $385.90 to $385.97. 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.

Footnote F5

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $383.85 to $385.97 as follows: 1,574 shares sold at $383.85 to $384.73; 5,144 shares sold at $384.87 to $385.79; and 142 shares sold at $385.90 to $385.97. 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.

Footnote F6

RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. RSUs convert into common stock on the vest date on a one-for-one basis. 25 % of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account.

Footnote F7

Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 7/48 one month after the date of grant and 1/48 each month thereafter.

Footnote F8

Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.

Footnote F9

Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.

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