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INTUITIVE SURGICAL INC — Director's Dealing 2025
Mar 12, 2025
29809_dirs_2025-03-12_c734819c-03de-4f35-8480-f81d3a716010.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: 2025-03-11
Reporting Person: Miller Brian Edward (EVP & Chief Digital Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-11 | Common Stock | M | 1834 | $177.9867 | Acquired | 14658 | Direct |
| 2025-03-11 | Common Stock | S | 1834 | $485.9569 | Disposed | 12824 | Direct |
| 2025-03-11 | Common Stock | S | 442 | $482.824 | Disposed | 12382 | Direct |
| 2025-03-11 | Common Stock | S | 6624 | $484.9711 | Disposed | 5758 | Direct |
| 2025-03-12 | Common Stock | M | 1550 | $177.9867 | Acquired | 7308 | Direct |
| 2025-03-12 | Common Stock | S | 1550 | $512.06 | Disposed | 5758 | Direct |
| 2025-03-12 | Common Stock | M | 2450 | $208.9 | Acquired | 8208 | Direct |
| 2025-03-12 | Common Stock | S | 2450 | $512.06 | Disposed | 5758 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-11 | Non-Qualified Stock Option (right to buy) | $177.9867 | M | 1834 | Disposed | 2030-02-28 | Common Stock (1834) | Direct |
| 2025-03-12 | Non-Qualified Stock Option (right to buy) | $177.9867 | M | 1550 | Disposed | 2030-02-28 | Common Stock (1550) | Direct |
| 2025-03-12 | Non-Qualified Stock Option (right to buy) | $208.9 | M | 2450 | Disposed | 2029-08-28 | Common Stock (2450) | Direct |
Footnotes
F1: These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on December 10, 2025.
F2: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $479.78 to $489.50 as follows: 243 shares sold at $479.78 to $480.75; 200 shares sold at $480.99to $481.50; 100 shares sold at $483.59; 100 shares sold at $485.39; 791 shares sold at $487.20 to $488.09; and 400 shares sold at $488.52 to $489.50. 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: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $480.67 to $489.28 as follows: 270 shares sold at $480.67 to $480.99; 100 shares sold at $483.59; and 72 shares sold at $489.28. 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.
F4: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $478.45 to $490.19 as follows: 702 shares sold at $478.45 to $479.29; 1,330 shares sold at $480.41 to $481.13; 200 shares sold at $481.50 to $482.50; 500 shares sold at $482.76 to $483.03; 358 shares sold at $485.39 to $486.00; 2,377 shares sold at $487.20 to $488.09; 975 shares sold at $488.52 to $489.50; and 182 shares sold at $489.69 to $490.19. 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.
F5: 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.
F6: Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 7/48 one month after the date of grant and 1/48 each month thereafter.