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INTUITIVE SURGICAL INC — Director's Dealing 2023
Apr 24, 2023
29809_dirs_2023-04-24_a7acd319-11ba-4fb2-82d9-c64b406dd31e.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: Curet Myriam (EVP & Chief Medical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-04-21 | Common Stock | M | 2000 | $166.6233 | Acquired | 3950 | Direct |
| 2023-04-21 | Common Stock | S | 2000 | $300.0011 | Disposed | 1950 | Direct |
| 2023-04-21 | Common Stock | M | 6000 | $174.2567 | Acquired | 7950 | Direct |
| 2023-04-21 | Common Stock | S | 6000 | $300.0011 | Disposed | 1950 | Direct |
| 2023-04-21 | Common Stock | S | 1118 | $297.9165 | Disposed | 832 | Direct |
| 2023-04-21 | Common Stock | S | 505 | $300.0 | Disposed | 327 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-04-21 | Non-Qualified Stock Option (right to buy) | $166.6233 | M | 2000 | Disposed | 2029-08-15 | Common Stock (2000) | Direct |
| 2023-04-21 | Non-Qualified Stock Option (right to buy) | $174.2567 | M | 6000 | Disposed | 2028-08-15 | Common Stock (6000) | Direct |
Footnotes
F1: The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 10, 2023.
F2: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.54 to $299.27 as follows: 232 shares sold at $296.54 - $297.32; 666 shares sold at $297.57 - $298.50; 220 shares sold at $298.62 - $299.27. 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. Option shall vest 7/48 one month after the date of grant and 1/48 each month thereafter.