Robert DeSantis - 26 Jul 2024 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
EVP & Chief Strategy & Corp Op
Signature
By: Donna Spinola For: DeSantis, Robert
Issuer symbol
ISRG
Transactions as of
26 Jul 2024
Net transactions value
-$299,461
Form type
4
Filing time
30 Jul 2024, 14:02:22 UTC
Previous filing
11 Jun 2024
Next filing
13 Aug 2024
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 $54,582 +188 +3.4% $290.33 5,694 26 Jul 2024 Direct F1
transaction ISRG Common Stock Sale $82,457 -188 -3.3% $438.60 5,506 26 Jul 2024 Direct F1
transaction ISRG Common Stock Options Exercise $138,619 +399 +7.2% $347.42 5,905 26 Jul 2024 Direct F1
transaction ISRG Common Stock Sale $175,001 -399 -6.8% $438.60 5,506 26 Jul 2024 Direct F1
transaction ISRG Common Stock Options Exercise $97,994 +399 +7.2% $245.60 5,905 26 Jul 2024 Direct F1
transaction ISRG Common Stock Sale $175,001 -399 -6.8% $438.60 5,506 26 Jul 2024 Direct F1
transaction ISRG Common Stock Options Exercise $36,560 +120 +2.2% $304.67 5,626 26 Jul 2024 Direct F1
transaction ISRG Common Stock Sale $52,632 -120 -2.1% $438.60 5,506 26 Jul 2024 Direct F1
transaction ISRG Common Stock Options Exercise $27,527 +120 +2.2% $229.39 5,626 26 Jul 2024 Direct F1
transaction ISRG Common Stock Sale $52,632 -120 -2.1% $438.60 5,506 26 Jul 2024 Direct F1
transaction ISRG Common Stock Options Exercise $39,064 +187 +3.4% $208.90 5,693 26 Jul 2024 Direct F1
transaction ISRG Common Stock Sale $82,018 -187 -3.3% $438.60 5,506 26 Jul 2024 Direct F1
transaction ISRG Common Stock Options Exercise $54,582 +188 +3.4% $290.33 5,694 29 Jul 2024 Direct F1
transaction ISRG Common Stock Sale $83,961 -188 -3.3% $446.60 5,506 29 Jul 2024 Direct F1
transaction ISRG Common Stock Options Exercise $39,273 +188 +3.4% $208.90 5,694 29 Jul 2024 Direct F1
transaction ISRG Common Stock Sale $83,961 -188 -3.3% $446.60 5,506 29 Jul 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 -187 -4.7% $0.000000 3,760 26 Jul 2024 Common Stock 187 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -5% $0.000000 3,572 29 Jul 2024 Common Stock 188 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -120 -3.1% $0.000000 3,711 26 Jul 2024 Common Stock 120 $229.39 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -399 -22% $0.000000 1,389 26 Jul 2024 Common Stock 399 $245.60 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -4.8% $0.000000 3,760 26 Jul 2024 Common Stock 188 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -5% $0.000000 3,572 29 Jul 2024 Common Stock 188 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -120 -3.1% $0.000000 3,711 26 Jul 2024 Common Stock 120 $304.67 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -399 -22% $0.000000 1,389 26 Jul 2024 Common Stock 399 $347.42 Direct F1, F2
* 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 These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on December 9, 2024.
F2 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.
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 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.
F5 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.