Filing Details
- Accession Number:
- 0001035267-24-000122
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-11 20:11:27
- Reporting Period:
- 2024-03-08
- Accepted Time:
- 2024-03-11 20:11:27
- 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 |
|---|---|---|---|---|---|---|---|
| 1808942 | Robert Desantis | 1020 Kifer Road Sunnyvale CA 94086 | Evp & Chief Strategy & Corp Op | 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 | 2024-03-08 | 1,504 | $290.33 | 12,579 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-08 | 1,504 | $393.81 | 11,075 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-08 | 7,149 | $347.42 | 18,224 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-08 | 7,149 | $393.78 | 11,075 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-08 | 993 | $245.60 | 12,068 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-08 | 993 | $393.80 | 11,075 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-08 | 453 | $242.34 | 11,528 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-08 | 453 | $393.80 | 11,075 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-08 | 363 | $179.70 | 11,438 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-08 | 363 | $393.80 | 11,075 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-08 | 453 | $177.99 | 11,528 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-08 | 453 | $393.80 | 11,075 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-08 | 1,437 | $304.67 | 12,512 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-08 | 1,437 | $393.80 | 11,075 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-08 | 1,436 | $229.39 | 12,511 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-08 | 1,436 | $393.82 | 11,075 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-08 | 940 | $208.90 | 12,015 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-08 | 940 | $393.82 | 11,075 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-08 | 2,819 | $393.79 | 8,256 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-08 | 2,749 | $393.83 | 5,507 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-11 | 90 | $179.70 | 5,597 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-11 | 90 | $390.16 | 5,507 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-11 | 119 | $304.67 | 5,626 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-11 | 119 | $390.16 | 5,507 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-11 | 120 | $229.39 | 5,627 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-11 | 120 | $390.16 | 5,507 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | 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) | Disposition | 2024-03-08 | 453 | $0.00 | 453 | $177.99 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2024-03-08 | 363 | $0.00 | 363 | $179.70 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2024-03-11 | 90 | $0.00 | 90 | $179.70 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2024-03-08 | 940 | $0.00 | 940 | $208.90 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2024-03-08 | 1,436 | $0.00 | 1,436 | $229.39 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2024-03-11 | 120 | $0.00 | 120 | $229.39 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2024-03-08 | 453 | $0.00 | 453 | $242.34 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2024-03-08 | 993 | $0.00 | 993 | $245.60 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2024-03-08 | 1,504 | $0.00 | 1,504 | $290.33 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2024-03-08 | 1,437 | $0.00 | 1,437 | $304.67 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2024-03-11 | 119 | $0.00 | 119 | $304.67 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2024-03-08 | 7,149 | $0.00 | 7,149 | $347.42 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2030-02-28 | No | 4 | M | Direct | |
| 270 | 2030-05-11 | No | 4 | M | Direct | |
| 180 | 2030-05-11 | No | 4 | M | Direct | |
| 4,511 | 2029-08-28 | No | 4 | M | Direct | |
| 4,310 | 2030-02-27 | No | 4 | M | Direct | |
| 4,190 | 2030-02-27 | No | 4 | M | Direct | |
| 0 | 2030-08-28 | No | 4 | M | Direct | |
| 2,382 | 2031-02-26 | No | 4 | M | Direct | |
| 4,512 | 2029-02-28 | No | 4 | M | Direct | |
| 4,309 | 2030-08-09 | No | 4 | M | Direct | |
| 4,190 | 2030-08-09 | No | 4 | M | Direct | |
| 2,382 | 2031-08-26 | No | 4 | M | Direct |
Footnotes
- These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on December 9, 2024.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $391.89 to $394.82 as follows: 327 shares sold at $391.89 to $392.02; 1,077 shares sold at $393.73 to $394.61; and 100 shares sold at $394.82. 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.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $391.89 to $395.05 as follows: 1,277 shares sold at $391.89 to $392.02; 157 shares sold at $392.50 to $392.52; 4,145 shares sold at $393.53 to $394.53; and 1,570 shares sold at $394.56 to $395.05. 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.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $391.89 to $395.00 as follows: 318 shares sold at $391.89 to $392.02; 1,028 shares sold at $393.72 to $394.61; and 100 shares sold at $395.00. 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.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $391.89 to $394.80 as follows: 223 shares sold at $391.89 to $392.02 and 593 shares sold at $394.00 to $394.80. 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.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $391.89 to $395.00 as follows: 317 shares sold at $391.89 to $392.02; 1,020 shares sold at $393.72 to $394.61; and 100 shares sold at $395.00. 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.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $391.89 to $395.32 as follows: 458 shares sold at $391.89 to $392.02; 780 shares sold at $393.22 to $394.14; 1,134 shares sold at $394.27 to $394.82; and 4 shares sold at $395.32. 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.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $391.89 to $394.82 as follows: 525 shares sold at $391.89 to $392.02; 1,876 shares sold at $393.55 to $394.53; and 418 shares sold at $394.60 to $394.82. 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.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $391.89 to $394.82 as follows: 515 shares sold at $391.89 to $392.02; 2,034 shares sold at $393.65 to $394.61; and 200 shares sold at $394.60 to $394.82. 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.
- 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.
- Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The grant vests 25% on the first anniversary of the date of grant and monthly thereafter, over a four year period of time.
- 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.
- 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.
- 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.
Billionaire Hedge Funds
