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INTUITIVE SURGICAL INC Director's Dealing 2023

Apr 24, 2023

29809_dirs_2023-04-24_ca9d2bb6-ed2d-499b-a122-e97f6e5c4259.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: 2023-04-21

Reporting Person: BARRATT CRAIG H (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-04-21 Common Stock M 2000 $41.2578 Acquired 2000 Direct
2023-04-21 Common Stock S 2000 $297.9186 Disposed 0 Direct
2023-04-21 Common Stock M 2000 $41.2578 Acquired 2000 Direct
2023-04-21 Common Stock S 2000 $297.9252 Disposed 0 Direct
2023-04-21 Common Stock M 2000 $41.2578 Acquired 2000 Direct
2023-04-21 Common Stock S 2000 $297.9183 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-04-21 Non-Qualified Stock Option (right to buy) $41.2578 M 2000 Disposed 2024-04-24 Common Stock (2000) Direct
2023-04-21 Non-Qualified Stock Option (right to buy) $41.2578 M 2000 Disposed 2024-04-24 Common Stock (2000) Direct
2023-04-21 Non-Qualified Stock Option (right to buy) $41.2578 M 2000 Disposed 2024-04-24 Common Stock (2000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 24696 Indirect

Footnotes

F1: These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on March 1, 2024.

F2: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.42 to $299.21 as follows: 384 shares at $296.42 - $297.12; 1,216 shares at $297.57 -$298.50; 400 shares at $298.58 - $299.21. 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: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.56 to $299.20 as follows: 404 shares sold at $296.56 - 297.56; 1,201 shares sold at $297.6 - $298.59; and 395 shares sold at $298.61 - $299.20. 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.

F4: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.42 to $299.23 as follows: 366 shares sold at $296.42 - 297.14; 1,254 shares sold at $297.52 - $298.46; 380 shares sold at $298.63 - $299.23. 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.

F5: 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.