Miller Brian Edward - Feb 26, 2025 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
EVP & Chief Digital Officer
Signature
By: Stephanie Lim-Ignacio For: Miller, Brian Edward
Stock symbol
ISRG
Transactions as of
Feb 26, 2025
Transactions value $
-$930,606
Form type
4
Date filed
2/27/2025, 07:16 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 +1.65K +21.2% $0.00 9.42K Feb 26, 2025 Direct F1
transaction ISRG Common Stock Tax liability -$469K -817 -8.68% $573.74 8.6K Feb 26, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $0 +1.62K +18.86% $0.00 10.2K Feb 26, 2025 Direct F1
transaction ISRG Common Stock Tax liability -$462K -805 -7.88% $573.74 9.42K Feb 26, 2025 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 Restricted Stock Units - 2-26-2021 Options Exercise $0 -1.65K -100% $0.00 0 Feb 26, 2025 Common Stock 1.65K $0.00 Direct F2
transaction ISRG Restricted Stock Units - 2-26-2024 Options Exercise $0 -1.62K -25% $0.00 4.87K Feb 26, 2025 Common Stock 1.62K $0.00 Direct F2
transaction ISRG Restricted Stock Units - 2-26-2025 Award $0 +2.75K $0.00 2.75K Feb 26, 2025 Common Stock 2.75K $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.