AI assistant
INTUITIVE SURGICAL INC — Director's Dealing 2025
Feb 11, 2025
29809_dirs_2025-02-10_de3dfaae-f117-4be6-af63-a9739c74b4c6.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: 2025-02-10
Reporting Person: Samath Jamie (EVP & CFO & Enterprise Technol)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-10 | Common Stock | M | 1078 | $0.0 | Acquired | 3763 | Direct |
| 2025-02-10 | Common Stock | F | 481 | $582.98 | Disposed | 3282 | Direct |
| 2025-02-10 | Common Stock | M | 134 | $304.67 | Acquired | 3416 | Direct |
| 2025-02-10 | Common Stock | S | 134 | $590.0 | Disposed | 3282 | Direct |
| 2025-02-10 | Common Stock | M | 135 | $229.39 | Acquired | 3417 | Direct |
| 2025-02-10 | Common Stock | S | 135 | $590.0 | Disposed | 3282 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-10 | Non-Qualified Stock Option (right to buy) | $229.39 | M | 135 | Disposed | 2030-02-27 | Common Stock (135) | Direct |
| 2025-02-10 | Non-Qualified Stock Option (right to buy) | $304.67 | M | 134 | Disposed | 2030-08-09 | Common Stock (134) | Direct |
| 2025-02-10 | Restricted Stock Units | $0.0 | M | 1078 | Disposed | Common Stock (1078) | Direct |
Footnotes
F1: RSUs vest 25% per year over a four year period, commencing on each anniversary of February 10, 2023. 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 May 6, 2025.
F3: 12.5% of the shares subject to the option vest on the six-month anniversary measured from February 10, 2023, and 1/48th of the total number of shares vest in forty-two (42) successive and equal monthly installments thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
F4: 7/48th of the shares subject to the option vest on the one-month anniversary measured from August 10, 2023, and 1/48th of the total number of shares vest in forty-one (41) successive and equal monthly installments thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
F5: Constitute restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock upon vesting. 25% of the RSUs shall vest on each anniversary of February 10, 2023, subject to Reporting Person's continuous service to the Issuer through each such vesting date.