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INTUITIVE SURGICAL INC — Director's Dealing 2024
Feb 12, 2024
29809_dirs_2024-02-12_1c6cb9fb-b1ab-43b2-b28f-e1bfff0d3ab4.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: 2024-02-10
Reporting Person: Samath Jamie (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-10 | Common Stock | M | 1078 | $0.0 | Acquired | 7314 | Direct |
| 2024-02-10 | Common Stock | F | 401 | $388.22 | Disposed | 6913 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-10 | Restricted Stock Units | $0.0 | M | 1078 | Disposed | Common Stock (1078) | Direct |
Footnotes
F1: RSUs vest 25% per year over a four year period, commencing on each anniversary of February 10, 2023. 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: Constitute restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock upon vesting. 25% of the RSUs shall vest on each anniversary of February 10, 2023, subject to Reporting Person's continuous service to the Issuer through each such vesting date.