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INTUITIVE SURGICAL INC — Director's Dealing 2025
May 2, 2025
29809_dirs_2025-05-01_adbedbe8-0947-4e9b-b81a-6a1dcce00cc8.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: 2025-04-30
Reporting Person: Ladd Amy L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | Common Stock | M | 1448 | $243.26 | Acquired | 2858 | Direct |
| 2025-04-30 | Common Stock | S | 1448 | $505.5459 | Disposed | 1410 | Direct |
| 2025-04-30 | Common Stock | M | 1671 | $286.5533 | Acquired | 3081 | Direct |
| 2025-04-30 | Common Stock | S | 1671 | $505.5459 | Disposed | 1410 | Direct |
| 2025-04-30 | Common Stock | M | 2298 | $171.0733 | Acquired | 3708 | Direct |
| 2025-04-30 | Common Stock | S | 2298 | $505.5459 | Disposed | 1410 | Direct |
| 2025-04-30 | Common Stock | M | 1650 | $171.2 | Acquired | 3060 | Direct |
| 2025-04-30 | Common Stock | S | 1650 | $505.5459 | Disposed | 1410 | Direct |
| 2025-04-30 | Common Stock | M | 1709 | $295.92 | Acquired | 3119 | Direct |
| 2025-04-30 | Common Stock | S | 1709 | $505.5459 | Disposed | 1410 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-04-30 | Non-Qualified Stock Option (right to buy) | $171.0733 | M | 2298 | Disposed | 2030-04-23 | Common Stock (2298) | Direct |
| 2025-04-30 | Non-Qualified Stock Option (right to buy) | $171.2 | M | 1650 | Disposed | 2029-08-02 | Common Stock (1650) | Direct |
| 2025-04-30 | Non-Qualified Stock Option (right to buy) | $243.26 | M | 1448 | Disposed | 2029-04-27 | Common Stock (1448) | Direct |
| 2025-04-30 | Non-Qualified Stock Option (right to buy) | $286.5533 | M | 1671 | Disposed | 2031-04-22 | Common Stock (1671) | Direct |
| 2025-04-30 | Non-Qualified Stock Option (right to buy) | $295.92 | M | 1709 | Disposed | 2030-04-26 | Common Stock (1709) | Direct |
| 2025-05-01 | Restricted Stock Units | $0.0 | A | 531 | Acquired | Common Stock (531) | Direct |
Footnotes
F1: The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on January 29, 2026.
F2: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $502.49 to $509.99 as follows: 1,758 shares sold at $502.49 to $503.39; 1,542 shares sold at $503.81 to $504.79; 1,951 shares sold at $504.83 to $505.77; 1,845 shares sold at $505.88 to $506.53; 610 shares sold at $506.90 to $507.84; and 1,070 shares sold at $509.99. 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: 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting
Person's continued service as a director to the issuer.
F4: 100% of the RSUs shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service.