Guthart Gary S - Jul 26, 2022 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
President & CEO, Director
Signature
By: Donna Spinola For: Guthart, Gary S
Stock symbol
ISRG
Transactions as of
Jul 26, 2022
Transactions value $
-$9,934,712
Form type
4
Date filed
7/27/2022, 06:49 PM
Previous filing
May 27, 2022
Next filing
Aug 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $7.24M +126K +1571.27% $57.48* 134K Jul 26, 2022 Direct F1
transaction ISRG Common Stock Sale -$17.2M -79.4K -59.25% $216.30 54.6K Jul 26, 2022 Direct F1, F2
holding ISRG Common Stock 1.11M Jul 26, 2022 by Trust
holding ISRG Common Stock 34.8K Jul 26, 2022 by Trust FBO Daughte
holding ISRG Common Stock 34.8K Jul 26, 2022 by Trust FBO Son

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 -126K -100% $0.00* 0 Jul 26, 2022 Common Stock 126K $57.48 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on April 26, 2023.
F2 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $214.17 to $219.41 as follows: 7,647 shares sold at $214.17 to $214.99; 19,526 shares sold at $215.00 to $215.99; 35,526 shares sold at $216.01 to $216.99; 13,135 shares sold at $217.00 to $217.98; 2,470 shares sold at $218.03 to $218.99 and 1,108 shares sold at $219.00 to $219.41. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F3 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.