Guthart Gary S - Feb 26, 2025 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
CEO, Director
Signature
By: Stephanie Lim-Ignacio For: Guthart, Gary S
Stock symbol
ISRG
Transactions as of
Feb 26, 2025
Transactions value $
-$2,273,732
Form type
4
Date filed
2/26/2025, 08:22 PM
Previous filing
Feb 10, 2025
Next filing
Mar 3, 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 +3.03K +191.89% $0.00 4.61K Feb 26, 2025 Direct F1
transaction ISRG Common Stock Tax liability -$862K -1.5K -32.61% $573.74 3.11K Feb 26, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $0 +4.96K +159.72% $0.00 8.07K Feb 26, 2025 Direct F1
transaction ISRG Common Stock Tax liability -$1.41M -2.46K -30.49% $573.74 5.61K Feb 26, 2025 Direct F1
holding ISRG Common Stock 19.9K Feb 26, 2025 Trust FBO Daughter
holding ISRG Common Stock 19.9K Feb 26, 2025 Trust FBO Son
holding ISRG Common Stock 1.22M Feb 26, 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 -3.03K -100% $0.00 0 Feb 26, 2025 Common Stock 3.03K $0.00 Direct F2
transaction ISRG Restricted Stock Units - 2-26-2024 Options Exercise $0 -4.96K -25% $0.00 14.9K Feb 26, 2025 Common Stock 4.96K $0.00 Direct F2
transaction ISRG Restricted Stock Units - 2-26-2025 Award $0 +13.7K $0.00 13.7K Feb 26, 2025 Common Stock 13.7K $0.00 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.