DeSantis Robert - Mar 13, 2025 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
EVP & Chief Strategy & Corp Op
Signature
By: Stephanie Lim-Ignacio For: DeSantis, Robert
Stock symbol
ISRG
Transactions as of
Mar 13, 2025
Transactions value $
-$4,871,845
Form type
4
Date filed
3/14/2025, 01:12 PM
Previous 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 $164K +564 +4.18% $290.33 14.1K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Sale -$281K -564 -4.01% $498.71 13.5K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $207K +597 +4.43% $347.42 14.1K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Sale -$298K -597 -4.24% $498.71 13.5K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $147K +597 +4.43% $245.60 14.1K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Sale -$298K -597 -4.24% $498.71 13.5K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $146K +479 +3.55% $304.67 14K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Sale -$239K -479 -3.43% $498.71 13.5K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $110K +480 +3.56% $229.39 14K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Sale -$239K -480 -3.44% $498.71 13.5K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $118K +564 +4.18% $208.90 14.1K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Sale -$281K -564 -4.01% $498.71 13.5K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Sale -$1.85M -3.71K -27.48% $498.71 9.78K Mar 13, 2025 Direct F1
transaction ISRG Common Stock Sale -$2.28M -4.56K -46.59% $500.00 5.22K Mar 13, 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -564 -20% $0.00 2.26K Mar 13, 2025 Common Stock 564 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -480 -14.85% $0.00 2.75K Mar 13, 2025 Common Stock 480 $229.39 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -597 -100% $0.00 0 Mar 13, 2025 Common Stock 597 $245.60 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -564 -20% $0.00 2.26K Mar 13, 2025 Common Stock 564 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -479 -14.82% $0.00 2.75K Mar 13, 2025 Common Stock 479 $304.67 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -597 -100% $0.00 0 Mar 13, 2025 Common Stock 597 $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 12, 2025.
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.