Robert DeSantis - 25 Oct 2024 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
EVP & Chief Strategy & Corp Op
Signature
By: Stephanie Lim-Ignacio For: DeSantis, Robert
Issuer symbol
ISRG
Transactions as of
25 Oct 2024
Net transactions value
-$428,739
Form type
4
Filing time
29 Oct 2024, 18:55:18 UTC
Previous filing
10 Sep 2024
Next filing
12 Nov 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 25 Oct 2024 Direct F1
transaction ISRG Common Stock Sale $96,632 -188 -3.3% $514.00 5,506 25 Oct 2024 Direct F1
transaction ISRG Common Stock Options Exercise $68,789 +198 +3.6% $347.42 5,704 25 Oct 2024 Direct F1
transaction ISRG Common Stock Sale $101,772 -198 -3.5% $514.00 5,506 25 Oct 2024 Direct F1
transaction ISRG Common Stock Options Exercise $48,629 +198 +3.6% $245.60 5,704 25 Oct 2024 Direct F1
transaction ISRG Common Stock Sale $101,772 -198 -3.5% $514.00 5,506 25 Oct 2024 Direct F1
transaction ISRG Common Stock Options Exercise $36,560 +120 +2.2% $304.67 5,626 25 Oct 2024 Direct F1
transaction ISRG Common Stock Sale $61,680 -120 -2.1% $514.00 5,506 25 Oct 2024 Direct F1
transaction ISRG Common Stock Options Exercise $27,527 +120 +2.2% $229.39 5,626 25 Oct 2024 Direct F1
transaction ISRG Common Stock Sale $61,680 -120 -2.1% $514.00 5,506 25 Oct 2024 Direct F1
transaction ISRG Common Stock Options Exercise $39,273 +188 +3.4% $208.90 5,694 25 Oct 2024 Direct F1
transaction ISRG Common Stock Sale $96,632 -188 -3.3% $514.00 5,506 25 Oct 2024 Direct F1
transaction ISRG Common Stock Options Exercise $54,582 +188 +3.4% $290.33 5,694 28 Oct 2024 Direct F1
transaction ISRG Common Stock Sale $96,568 -188 -3.3% $513.66 5,506 28 Oct 2024 Direct F1
transaction ISRG Common Stock Options Exercise $68,789 +198 +3.6% $347.42 5,704 28 Oct 2024 Direct F1
transaction ISRG Common Stock Sale $101,705 -198 -3.5% $513.66 5,506 28 Oct 2024 Direct F1
transaction ISRG Common Stock Options Exercise $48,629 +198 +3.6% $245.60 5,704 28 Oct 2024 Direct F1
transaction ISRG Common Stock Sale $101,705 -198 -3.5% $513.66 5,506 28 Oct 2024 Direct F1
transaction ISRG Common Stock Options Exercise $39,273 +188 +3.4% $208.90 5,694 29 Oct 2024 Direct F1
transaction ISRG Common Stock Sale $95,226 -188 -3.3% $506.52 5,506 29 Oct 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 -188 -5.6% $0.000000 3,196 25 Oct 2024 Common Stock 188 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -5.9% $0.000000 3,008 29 Oct 2024 Common Stock 188 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -120 -3.5% $0.000000 3,352 25 Oct 2024 Common Stock 120 $229.39 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -198 -17% $0.000000 993 25 Oct 2024 Common Stock 198 $245.60 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -198 -20% $0.000000 795 28 Oct 2024 Common Stock 198 $245.60 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -5.6% $0.000000 3,196 25 Oct 2024 Common Stock 188 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -5.9% $0.000000 3,008 28 Oct 2024 Common Stock 188 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -120 -3.5% $0.000000 3,352 25 Oct 2024 Common Stock 120 $304.67 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -198 -17% $0.000000 993 25 Oct 2024 Common Stock 198 $347.42 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -198 -20% $0.000000 795 28 Oct 2024 Common Stock 198 $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.