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INTUITIVE SURGICAL INC — Director's Dealing 2024
Mar 1, 2024
29809_dirs_2024-03-01_fb98765d-5dbe-47af-92fe-5044da665018.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: 2024-02-29
Reporting Person: GUTHART GARY S (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-29 | Common Stock | M | 3864 | $0.0 | Acquired | 16082 | Direct |
| 2024-02-29 | Common Stock | F | 1959 | $386.59 | Disposed | 14123 | Direct |
| 2024-02-29 | Common Stock | M | 2506 | $0.0 | Acquired | 16629 | Direct |
| 2024-02-29 | Common Stock | F | 1271 | $386.59 | Disposed | 15358 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-29 | Restricted Stock Units | $0.0 | M | 3864 | Disposed | 2024-02-28 | Common Stock (3864) | Direct |
| 2024-02-29 | Restricted Stock Units | $0.0 | M | 2506 | Disposed | 2026-02-28 | Common Stock (2506) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1203644 | Indirect |
| Common Stock | 27360 | Indirect |
| Common Stock | 27360 | Indirect |
Footnotes
F1: RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. RSUs convert into common stock on the vest date on a one-for-one basis. 25 % of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account.
F2: Each RSU granted 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.