AI assistant
INTUITIVE SURGICAL INC — Director's Dealing 2025
Mar 4, 2025
29809_dirs_2025-03-03_7751e020-995b-4479-9682-1f3aed3f368a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2025-02-27
Reporting Person: Samath Jamie (EVP & CFO & Enterprise Technol)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-27 | Common Stock | A | 3758 | $0.0 | Acquired | 8648 | Direct |
| 2025-02-28 | Common Stock | M | 752 | $0.0 | Acquired | 9400 | Direct |
| 2025-02-28 | Common Stock | F | 373 | $563.77 | Disposed | 9027 | Direct |
| 2025-02-28 | Common Stock | F | 1865 | $563.77 | Disposed | 7162 | Direct |
| 2025-02-28 | Common Stock | M | 94 | $290.33 | Acquired | 7256 | Direct |
| 2025-02-28 | Common Stock | S | 94 | $566.94 | Disposed | 7162 | Direct |
| 2025-02-28 | Common Stock | M | 94 | $208.9 | Acquired | 7256 | Direct |
| 2025-02-28 | Common Stock | S | 94 | $566.94 | Disposed | 7162 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-28 | Non-Qualified Stock Option (right to buy) | $208.9 | M | 94 | Disposed | 2029-08-28 | Common Stock (94) | Direct |
| 2025-02-28 | Non-Qualified Stock Option (right to buy) | $290.33 | M | 94 | Disposed | 2029-02-28 | Common Stock (94) | Direct |
| 2025-02-28 | Restricted Stock Units | $0.0 | M | 752 | Disposed | 2026-02-28 | Common Stock (752) | 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 May 6, 2025.
F5: 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.
F6: 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.
F7: 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.