Rosa David J. - 15 Jun 2021 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
EVP and Chief Business Officer
Signature
By: Donna Spinola For: David J Rosa
Issuer symbol
ISRG
Transactions as of
15 Jun 2021
Transactions value $
-$11,341,500
Form type
4
Filing time
16 Jun 2021, 18:01:53 UTC
Next filing
09 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $3.54M +21K +73.04% $168.41 49.8K 15 Jun 2021 Direct F1
transaction ISRG Common Stock Sale -$14.9M -17K -34.25% $873.23 32.7K 15 Jun 2021 Direct F1, F2

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 -21K -100% $0.00* 0 15 Jun 2021 Common Stock 21K $168.41 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were exercised and sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 13, 2022.
F2 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $869.63 to $875.03,inclusive. 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.
F3 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.