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INTUITIVE SURGICAL INC — Director's Dealing 2021
May 5, 2021
29809_dirs_2021-05-05_e01239eb-855d-4ee1-986d-1745e1e21dd1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2021-05-04
Reporting Person: GUTHART GARY S (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-04 | Common Stock | M | 14000 | $168.41 | Acquired | 14000 | Direct |
| 2021-05-04 | Common Stock | S | 10617 | $851.9912 | Disposed | 3383 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-04 | Non-Qualified Stock Option (right to buy) | $168.41 | M | 14000 | Disposed | 2022-02-15 | Common Stock (14000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 366935 | Indirect |
| Common Stock | 11600 | Indirect |
| Common Stock | 11600 | Indirect |
Footnotes
F1: The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 5, 2021.
F2: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $849.91 to $861.72,inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F3: 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.