Samath Jamie - May 2, 2025 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
Title: EVP & CFO & Enterprise Technology Leader
Signature
By: Stephanie Lim-Ignacio For: Samath, Jamie
Stock symbol
ISRG
Transactions as of
May 2, 2025
Transactions value $
-$245,252
Form type
4
Date filed
5/5/2025, 04:43 PM
Previous filing
May 2, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Samath Jamie Title: EVP & CFO & Enterprise Technology Leader 1020 KIFER ROAD, SUNNYVALE By: Stephanie Lim-Ignacio For: Samath, Jamie 2025-05-05 0001330269

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $39.3K +188 +2.62% $208.90 7.35K May 2, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $61.7K +269 +3.66% $229.39 7.62K May 2, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $54.6K +188 +2.47% $290.33 7.81K May 2, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $82.3K +270 +3.46% $304.67 8.08K May 2, 2025 Direct F1
transaction ISRG Common Stock Sale -$483K -915 -11.33% $527.95 7.16K May 2, 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 -188 -16.67% $0.00 940 May 2, 2025 Common Stock 188 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -269 -8.32% $0.00 2.96K May 2, 2025 Common Stock 269 $229.39 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -16.67% $0.00 940 May 2, 2025 Common Stock 188 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -270 -8.35% $0.00 2.96K May 2, 2025 Common Stock 270 $304.67 Direct F1, F5
* 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 The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 6, 2025.
F2 The option vests 7/48th one month after the date of grant and 1/48th monthly 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 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.

Remarks:

Title: EVP & CFO & Enterprise Technology Leader