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INTUITIVE SURGICAL INC — Director's Dealing 2021
Feb 17, 2021
29809_dirs_2021-02-17_3404d3d3-1467-43ce-be72-4b44c4590ea3.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: Rosa David J. (EVP and Chief Business Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-15 | Common Stock | M | 1500 | $0.0 | Acquired | 28028 | Direct |
| 2021-02-15 | Common Stock | F | 560 | $0.0 | Disposed | 27468 | Direct |
| 2021-02-15 | Common Stock | M | 1042 | $0.0 | Acquired | 28510 | Direct |
| 2021-02-15 | Common Stock | F | 517 | $0.0 | Disposed | 27993 | Direct |
| 2021-02-15 | Common Stock | M | 750 | $0.0 | Acquired | 28743 | Direct |
| 2021-02-15 | Common Stock | F | 372 | $0.0 | Disposed | 28371 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-15 | Restricted Stock Units | $0.0 | M | 1500 | Disposed | 2021-02-15 | Common Stock (1500) | Direct |
| 2021-02-15 | Restricted Stock Units | $0.0 | M | 1042 | Disposed | 2022-02-15 | Common Stock (1042) | Direct |
| 2021-02-15 | Restricted Stock Units | $0.0 | M | 750 | Disposed | 2023-02-15 | Common Stock (750) | 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.