Filing Details

Accession Number:
0001035267-23-000075
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-01 18:23:39
Reporting Period:
2023-02-28
Accepted Time:
2023-03-01 18:23:39
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1035267 Intuitive Surgical Inc ISRG Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842) 770416458
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1632901 Myriam Curet 1020 Kifer Road
Sunnyvale CA 94086
Evp & Chief Medical Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2023-02-28 2,256 $0.00 3,701 No 4 M Direct
Common Stock Disposition 2023-02-28 1,003 $229.39 2,698 No 4 F Direct
Common Stock Acquisiton 2023-02-28 1,003 $0.00 3,701 No 4 M Direct
Common Stock Disposition 2023-02-28 498 $229.39 3,203 No 4 F Direct
Common Stock Disposition 2023-03-01 1,253 $228.47 1,950 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Acquisiton 2023-02-28 5,028 $0.00 5,028 $229.39
Common Stock Restricted Stock Units Disposition 2023-02-28 2,256 $0.00 2,256 $0.00
Common Stock Restricted Stock Units Disposition 2023-02-28 1,003 $0.00 1,003 $0.00
Common Stock Restricted Stock Units Acquisiton 2023-02-28 3,352 $0.00 3,352 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,028 2030-02-27 No 4 A Direct
2,253 2024-02-28 No 4 M Direct
3,007 2026-02-28 No 4 M Direct
3,352 No 4 A Direct
Footnotes
  1. 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.
  2. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 10, 2023.
  3. 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.
  4. 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.
  5. 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.