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INTUITIVE SURGICAL INC — Director's Dealing 2025
Mar 4, 2025
29809_dirs_2025-03-03_1e8761d3-540a-48c6-a7e4-9533ad56fcd4.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: 2025-02-27
Reporting Person: Brosius Mark (SVP & Chief Mfg and Supply Cha)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-27 | Common Stock | A | 4385 | $0.0 | Acquired | 6281 | Direct |
| 2025-02-28 | Common Stock | M | 877 | $0.0 | Acquired | 7158 | Direct |
| 2025-02-28 | Common Stock | F | 435 | $563.77 | Disposed | 6723 | Direct |
| 2025-02-28 | Common Stock | F | 2175 | $563.77 | Disposed | 4548 | Direct |
| 2025-03-03 | Common Stock | S | 492 | $573.78 | Disposed | 4056 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-28 | Restricted Stock Units - 2-28-2022 | $0.0 | M | 877 | Disposed | Common Stock (877) | Direct |
Footnotes
F1: This transaction represents the certification of the performance goals under performance stock units ("PSUs").
F2: 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.
F3: This transaction represents the withholding of shares to cover taxes applicable to a settlement of PSUs reported on this Form 4.
F4: The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on June 13, 2025.
F5: 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.