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INTUITIVE SURGICAL INC — Director's Dealing 2023
May 1, 2023
29809_dirs_2023-05-01_7fa88319-71ad-4ffa-8a81-f70ca8c3a947.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: 2023-04-28
Reporting Person: RUBASH MARK J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-04-28 | Common Stock | M | 1448 | $243.26 | Acquired | 16930 | Direct |
| 2023-04-28 | Common Stock | S | 1448 | $300.0 | Disposed | 15482 | Direct |
| 2023-04-28 | Common Stock | M | 1671 | $286.5533 | Acquired | 17153 | Direct |
| 2023-04-28 | Common Stock | S | 1671 | $300.0 | Disposed | 15482 | Direct |
| 2023-04-28 | Common Stock | M | 688 | $171.0733 | Acquired | 16170 | Direct |
| 2023-04-28 | Common Stock | S | 688 | $300.0 | Disposed | 15482 | Direct |
| 2023-04-28 | Common Stock | M | 707 | $172.5933 | Acquired | 16189 | Direct |
| 2023-04-28 | Common Stock | S | 707 | $300.0 | Disposed | 15482 | Direct |
| 2023-04-28 | Common Stock | M | 895 | $154.2367 | Acquired | 16377 | Direct |
| 2023-04-28 | Common Stock | S | 895 | $300.0 | Disposed | 15482 | Direct |
| 2023-04-28 | Common Stock | M | 1391 | $90.4944 | Acquired | 16873 | Direct |
| 2023-04-28 | Common Stock | S | 1391 | $300.0 | Disposed | 15482 | Direct |
| 2023-04-28 | Common Stock | M | 523 | $71.3233 | Acquired | 16005 | Direct |
| 2023-04-28 | Common Stock | S | 523 | $300.0 | Disposed | 15482 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-04-28 | Non-Qualified Stock Option (right to buy) | $71.3233 | M | 523 | Disposed | 2026-04-21 | Common Stock (523) | Direct |
| 2023-04-28 | Non-Qualified Stock Option (right to buy) | $90.4944 | M | 1391 | Disposed | 2027-04-20 | Common Stock (1391) | Direct |
| 2023-04-28 | Non-Qualified Stock Option (right to buy) | $154.2367 | M | 895 | Disposed | 2028-04-19 | Common Stock (895) | Direct |
| 2023-04-28 | Non-Qualified Stock Option (right to buy) | $171.0733 | M | 688 | Disposed | 2030-04-23 | Common Stock (688) | Direct |
| 2023-04-28 | Non-Qualified Stock Option (right to buy) | $172.5933 | M | 707 | Disposed | 2029-04-25 | Common Stock (707) | Direct |
| 2023-04-28 | Non-Qualified Stock Option (right to buy) | $243.26 | M | 1448 | Disposed | 2029-04-27 | Common Stock (1448) | Direct |
| 2023-04-28 | Non-Qualified Stock Option (right to buy) | $286.5533 | M | 1671 | Disposed | 2031-04-22 | Common Stock (1671) | Direct |
Footnotes
F1: These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on February 1, 2024.
F2: 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting
Person's continued service as a director to the issuer.
F3: Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company.