Robert DeSantis - 13 Mar 2025 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
EVP & Chief Strategy & Corp Op
Signature
By: Stephanie Lim-Ignacio For: DeSantis, Robert
Issuer symbol
ISRG
Transactions as of
13 Mar 2025
Net transactions value
-$4,871,845
Form type
4
Filing time
14 Mar 2025, 13:12:55 UTC
Previous filing
03 Mar 2025
Next filing
29 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $163,746 +564 +4.2% $290.33 14,052 13 Mar 2025 Direct F1
transaction ISRG Common Stock Sale $281,272 -564 -4% $498.71 13,488 13 Mar 2025 Direct F1
transaction ISRG Common Stock Options Exercise $207,408 +597 +4.4% $347.42 14,085 13 Mar 2025 Direct F1
transaction ISRG Common Stock Sale $297,730 -597 -4.2% $498.71 13,488 13 Mar 2025 Direct F1
transaction ISRG Common Stock Options Exercise $146,623 +597 +4.4% $245.60 14,085 13 Mar 2025 Direct F1
transaction ISRG Common Stock Sale $297,730 -597 -4.2% $498.71 13,488 13 Mar 2025 Direct F1
transaction ISRG Common Stock Options Exercise $145,937 +479 +3.6% $304.67 13,967 13 Mar 2025 Direct F1
transaction ISRG Common Stock Sale $238,882 -479 -3.4% $498.71 13,488 13 Mar 2025 Direct F1
transaction ISRG Common Stock Options Exercise $110,107 +480 +3.6% $229.39 13,968 13 Mar 2025 Direct F1
transaction ISRG Common Stock Sale $239,381 -480 -3.4% $498.71 13,488 13 Mar 2025 Direct F1
transaction ISRG Common Stock Options Exercise $117,820 +564 +4.2% $208.90 14,052 13 Mar 2025 Direct F1
transaction ISRG Common Stock Sale $281,272 -564 -4% $498.71 13,488 13 Mar 2025 Direct F1
transaction ISRG Common Stock Sale $1,848,718 -3,707 -27% $498.71 9,781 13 Mar 2025 Direct F1
transaction ISRG Common Stock Sale $2,278,500 -4,557 -47% $500.00 5,224 13 Mar 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -564 -20% $0.000000 2,256 13 Mar 2025 Common Stock 564 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -480 -15% $0.000000 2,753 13 Mar 2025 Common Stock 480 $229.39 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -597 -100% $0.000000 0 13 Mar 2025 Common Stock 597 $245.60 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -564 -20% $0.000000 2,256 13 Mar 2025 Common Stock 564 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -479 -15% $0.000000 2,753 13 Mar 2025 Common Stock 479 $304.67 Direct F1, F5
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -597 -100% $0.000000 0 13 Mar 2025 Common Stock 597 $347.42 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on December 12, 2025.
F2 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.
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 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.
F5 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.