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INTUITIVE SURGICAL INC — Director's Dealing 2025
Mar 4, 2025
29809_dirs_2025-03-03_ef4746c7-39ee-4f1e-9ef6-b11bbcb4c86b.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: DeSantis Robert (EVP & Chief Strategy & Corp Op)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-27 | Common Stock | A | 7518 | $0.0 | Acquired | 15537 | Direct |
| 2025-02-28 | Common Stock | M | 1504 | $0.0 | Acquired | 17041 | Direct |
| 2025-02-28 | Common Stock | F | 592 | $563.77 | Disposed | 16449 | Direct |
| 2025-02-28 | Common Stock | F | 2961 | $563.77 | Disposed | 13488 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-28 | Restricted Stock Units | $0.0 | M | 1504 | Disposed | 2026-02-28 | Common Stock (1504) | 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: 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.