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INTUITIVE SURGICAL INC — Director's Dealing 2025
Feb 27, 2025
29809_dirs_2025-02-27_53d9da13-57e2-47a4-9b3f-3038bd2b931b.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: 2025-02-26
Reporting Person: Curet Myriam (EVP & Chief Medical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-26 | Common Stock | M | 1710 | $0.0 | Acquired | 2063 | Direct |
| 2025-02-26 | Common Stock | F | 848 | $573.74 | Disposed | 1215 | Direct |
| 2025-02-26 | Common Stock | M | 3053 | $0.0 | Acquired | 4268 | Direct |
| 2025-02-26 | Common Stock | F | 1514 | $573.74 | Disposed | 2754 | Direct |
| 2025-02-27 | Common Stock | S | 2401 | $581.0 | Disposed | 353 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-26 | Restricted Stock Units | $0.0 | M | 1710 | Disposed | 2025-02-26 | Common Stock (1710) | Direct |
| 2025-02-26 | Restricted Stock Units - 2-26-2024 | $0.0 | M | 3053 | Disposed | Common Stock (3053) | Direct | |
| 2025-02-26 | Restricted Stock Units - 2-26-2025 | $0.0 | A | 1602 | Acquired | Common Stock (1602) | Direct |
Footnotes
F1: 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.
F2: The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 13, 2025.
F3: 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.
F4: Each Restricted Stock Unit, granted pursuant to the 2010 Employee Stock Option Plan, represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 33% on the first anniversary of the date of grant and annually thereafter, over a three year period of time.
F5: Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 100% on the first anniversary of the date of grant.