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INTUITIVE SURGICAL INC — Director's Dealing 2024
Jan 29, 2024
29809_dirs_2024-01-29_35dff292-56ba-484c-9640-18eb3357cd64.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: 2024-01-26
Reporting Person: Curet Myriam (EVP & Chief Medical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-26 | Common Stock | M | 2818 | $177.9867 | Acquired | 3007 | Direct |
| 2024-01-26 | Common Stock | S | 2818 | $370.1478 | Disposed | 189 | Direct |
| 2024-01-26 | Common Stock | M | 1500 | $182.8333 | Acquired | 1689 | Direct |
| 2024-01-26 | Common Stock | S | 1500 | $370.1478 | Disposed | 189 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-26 | Non-Qualified Stock Option (right to buy) | $177.9867 | M | 2818 | Disposed | 2030-02-28 | Common Stock (2818) | Direct |
| 2024-01-26 | Non-Qualified Stock Option (right to buy) | $182.8333 | M | 1500 | Disposed | 2029-02-15 | Common Stock (1500) | Direct |
Footnotes
F1: These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 12, 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 $368.45 to $371.65 as follows: 1,100 shares sold at $368.45 to $369.45; 1.800 shares sold at $369.54 to $370.52; and 1,418 shares sold at $370.65 to $371.65. 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. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.