AI assistant
INTUITIVE SURGICAL INC — Director's Dealing 2023
Feb 7, 2023
29809_dirs_2023-02-07_20bcfd1d-5d3f-4582-8f87-a2f4568eadfe.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2023-02-06
Reporting Person: Rosa David J. (EVP Chief Strategy & Growth Of)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-06 | Common Stock | M | 54000 | $63.2456 | Acquired | 170410 | Direct |
| 2023-02-06 | Common Stock | S | 45025 | $250.528 | Disposed | 125385 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-06 | Non-Qualified Stock Option (right to buy) | $63.2456 | M | 54000 | Disposed | 2023-02-15 | Common Stock (54000) | Direct |
Footnotes
F1: The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 15, 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 $248.78 to $252.47 as follows: 6,434 shares sold at $248.78 to $249.77; 21,711 shares sold at $249.79 to $250.79; 15,580 shares sold at $250.80 to $251.77; and 1,300 shares sold at $251.88 to $252.47. 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 1/8 six months after the date of grant and 1/48th each month thereafter.