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Mohr Marshall's Form 4 filing

Intuitive Surgical Inc (ISRG) · filed Feb 29, 2024

Accession no.
0001035267-24-000087
Filed
Feb 29, 2024
Trade date
Feb 28-29, 2024
Filing delay
1 day
Rule 10b5-1 plan
Checked

This filing lists 22 non-derivative transactions and 11 derivative transactions. Open-market sales total $41.9M. 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
Mohr MarshallCIK 0001252986Officer (Executive VP Global Business S)

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 28, 2024Common StockMOption exerciseAcquired+13,530$242.34+$3,278,860.240,407Direct
Feb 28, 2024Common StockSSaleDisposed−13,530$385.08F2−$5,210,132.426,877Direct
Feb 28, 2024Common StockMOption exerciseAcquired+13,530$177.99+$2,408,204.740,407Direct
Feb 28, 2024Common StockSSaleDisposed−13,530$385.08F2−$5,210,132.426,877Direct
Feb 28, 2024Common StockMOption exerciseAcquired+10,500$166.62+$1,749,51037,377Direct
Feb 28, 2024Common StockSSaleDisposed−10,500$385.08F2−$4,043,34026,877Direct
Feb 28, 2024Common StockMOption exerciseAcquired+12,750$174.26+$2,221,81539,627Direct
Feb 28, 2024Common StockSSaleDisposed−12,750$385.08F2−$4,909,77026,877Direct
Feb 28, 2024Common StockMOption exerciseAcquired+12,750$139.52+$1,778,88039,627Direct
Feb 28, 2024Common StockSSaleDisposed−12,750$385.08F2−$4,909,77026,877Direct
Feb 28, 2024Common StockMOption exerciseAcquired+22,500$109.49+$2,463,52549,377Direct
Feb 28, 2024Common StockSSaleDisposed−14,620$385.09F3−$5,630,015.834,757Direct
Feb 28, 2024Common StockMOption exerciseAcquired+22,500$79.64+$1,791,90057,257Direct
Feb 28, 2024Common StockSSaleDisposed−13,750$385.08F4−$5,294,85043,507Direct
Feb 28, 2024Common StockMOption exerciseAcquired+11,250$77.00+$866,25054,757Direct
Feb 28, 2024Common StockSSaleDisposed−6,860$385.08F5−$2,641,648.847,897Direct
Feb 28, 2024Common StockMOption exerciseAcquired+10,500$182.83+$1,919,71558,397Direct
Feb 28, 2024Common StockSSaleDisposed−10,500$385.08F2−$4,043,34047,897Direct
Feb 29, 2024Common StockMOption exerciseAcquired+2,253$0.00$050,150Direct
Feb 29, 2024Common StockFTax withholdingDisposed−1,142$386.59−$441,485.7849,008Direct
Feb 29, 2024Common StockMOption exerciseAcquired+1,003$0.00$050,011Direct
Feb 29, 2024Common StockFTax withholdingDisposed−509$386.59−$196,774.3149,502Direct

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 28, 2024Common StockMOption exerciseDisposed−11,250$0.00$00Direct
Feb 28, 2024Common StockMOption exerciseDisposed−22,500$0.00$00Direct
Feb 28, 2024Common StockMOption exerciseDisposed−22,500$0.00$00Direct
Feb 28, 2024Common StockMOption exerciseDisposed−12,750$0.00$00Direct
Feb 28, 2024Common StockMOption exerciseDisposed−10,500$0.00$00Direct
Feb 28, 2024Common StockMOption exerciseDisposed−12,750$0.00$00Direct
Feb 28, 2024Common StockMOption exerciseDisposed−13,530$0.00$00Direct
Feb 28, 2024Common StockMOption exerciseDisposed−10,500$0.00$00Direct
Feb 28, 2024Common StockMOption exerciseDisposed−13,530$0.00$00Direct
Feb 29, 2024Common StockMOption exerciseDisposed−2,253$0.00$00Direct
Feb 29, 2024Common StockMOption exerciseDisposed−1,003$0.00$02,004Direct

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 $383.56 to $386.01 as follows: 9,629 shares sold at $383.56 to $384.54; 57,452 shares sold at $384.59 to $385.59; and 6,479 shares sold at $385.61 to $386.01. 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 6 transactions in Table I.

F3

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $383.85 to $385.97 as follows: 3,620 shares sold at $383.85 to $384.82; 10,760 shares sold at $384.87 to $385.85; and 240 shares sold at $385.90 to $386.01. 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.

F4

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $383.85 to $385.97 as follows: 3,390 shares sold at $383.85 to $384.82; 10,116 shares sold at $384.87 to $385.79; and 244 shares sold at $385.90 to $385.97. 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.

F5

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $383.85 to $385.97 as follows: 1,574 shares sold at $383.85 to $384.73; 5,144 shares sold at $384.87 to $385.79; and 142 shares sold at $385.90 to $385.97. 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)