GUTHART GARY S - 26 Feb 2025 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
CEO, Director
Signature
By: Stephanie Lim-Ignacio For: Guthart, Gary S
Issuer symbol
ISRG
Transactions as of
26 Feb 2025
Transactions value $
$-2,273,732
Form type
4
Filing time
26 Feb 2025, 20:22:11 UTC
Previous filing
10 Feb 2025
Next filing
03 Mar 2025
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 $0 +3,030 +192% $0.000000 4,609 26 Feb 2025 Direct F1
transaction ISRG Common Stock Tax liability $-862,331 -1,503 -32.6% $573.74 3,106 26 Feb 2025 Direct F1
transaction ISRG Common Stock Options Exercise $0 +4,961 +160% $0.000000 8,067 26 Feb 2025 Direct F1
transaction ISRG Common Stock Tax liability $-1,411,400 -2,460 -30.5% $573.74 5,607 26 Feb 2025 Direct F1
holding ISRG Common Stock 19,920 26 Feb 2025 Trust FBO Daughter
holding ISRG Common Stock 19,920 26 Feb 2025 Trust FBO Son
holding ISRG Common Stock 1,215,363 26 Feb 2025 by Trust

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 Restricted Stock Units Options Exercise $0 -3,030 -100% $0.000000 0 26 Feb 2025 Common Stock 3,030 $0.000000 Direct F2
transaction ISRG Restricted Stock Units - 2-26-2024 Options Exercise $0 -4,961 -25% $0.000000 14,880 26 Feb 2025 Common Stock 4,961 $0.000000 Direct F2
transaction ISRG Restricted Stock Units - 2-26-2025 Award $0 +13,732 $0.000000 13,732 26 Feb 2025 Common Stock 13,732 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.