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Rosa David J.'s Form 4 filing

Intuitive Surgical Inc (ISRG) · filed Feb 7, 2023

Accession no.
0001035267-23-000013
Filed
Feb 7, 2023
Trade date
Feb 6, 2023
Filing delay
1 day
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $11.3M. It was filed 1 day after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Rosa David J.CIK 0001519593Officer (EVP Chief Strategy & Growth Of)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Feb 6, 2023Common StockMOption exerciseAcquired+54,000$63.25+$3,415,500170,410Direct
Feb 6, 2023Common StockSSaleDisposed−45,025$250.53F2−$11,280,113.25125,385Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Feb 6, 2023Common StockMOption exerciseDisposed−54,000$0.00$00Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $248.78 to $252.47 as follows: 6,434 shares sold at $248.78 to $249.77; 21,711 shares sold at $249.79 to $250.79; 15,580 shares sold at $250.80 to $251.77; and 1,300 shares sold at $251.88 to $252.47. 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.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)