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
- 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.
- The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 10, 2023.
- 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.
- 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.
- 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.