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INTUITIVE SURGICAL INC — Director's Dealing 2021
Feb 17, 2021
29809_dirs_2021-02-17_439ce7bc-3386-408f-8ccb-62d78f5fc7a7.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: 2021-02-15
Reporting Person: Andersen Reiter Kara (Sr VP General Counsel & CCO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-15 | Common Stock | M | 656 | $0.0 | Acquired | 4370 | Direct |
| 2021-02-15 | Common Stock | F | 275 | $0.0 | Disposed | 4095 | Direct |
| 2021-02-15 | Common Stock | M | 437 | $0.0 | Acquired | 4532 | Direct |
| 2021-02-15 | Common Stock | F | 217 | $0.0 | Disposed | 4315 | Direct |
| 2021-02-15 | Common Stock | M | 675 | $0.0 | Acquired | 4990 | Direct |
| 2021-02-15 | Common Stock | F | 335 | $0.0 | Disposed | 4655 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-15 | Restricted Stock Units | $0.0 | M | 675 | Disposed | 2021-02-15 | Common Stock (675) | Direct |
| 2021-02-15 | Restricted Stock Units | $0.0 | M | 437 | Disposed | 2022-02-15 | Common Stock (437) | Direct |
| 2021-02-15 | Restricted Stock Units | $0.0 | M | 656 | Disposed | 2029-02-15 | Common Stock (656) | Direct |
Footnotes
F1: RSUs convert into common stock on the vest date on a one-for-one basis. On the transaction date, 25% of the shares were released and a portion of the shares were held back to cover the statutory tax withholding requirement. The net shares were deposited into the holders account.
F2: Each Restricted Stock Unit, granted pursuant to the 2010 Employee Stock Option Plan, 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 of time.