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INTUITIVE SURGICAL INC — Director's Dealing 2025
Mar 4, 2025
29809_dirs_2025-03-03_caffd87c-f3fd-4803-ad08-aa74ef4991a6.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: Curet Myriam (EVP & Chief Medical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-27 | Common Stock | A | 5012 | $0.0 | Acquired | 7766 | Direct |
| 2025-02-28 | Common Stock | M | 1002 | $0.0 | Acquired | 6367 | Direct |
| 2025-02-28 | Common Stock | F | 497 | $563.77 | Disposed | 5870 | Direct |
| 2025-02-28 | Common Stock | F | 2486 | $563.77 | Disposed | 3384 | Direct |
| 2025-03-03 | Common Stock | S | 3031 | $577.2955 | Disposed | 353 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-28 | Restricted Stock Units | $0.0 | M | 1002 | Disposed | 2026-02-28 | Common Stock (1002) | 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 August 13, 2025.
F5: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $573.78 to $582.10 as follows: 562 shares sold at $573.78 ; 300 shares sold at $575 to $575.78; 619 shares sold at $576.35 to $577.20; 1,145 shares sold at $578 to $578.88; 105 shares sold at $579.48 to $579.89;and 300 shares sold at $582.03 to $582.10. 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.
F6: 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.