Form 4 for ISRG Intuitive Surgical
Accepted 2023-04-24 00:00:00 ET · period of report 2023-04-21 · accession 0001035267-23-000105 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-04-24 | 2023-04-21 | ISRG | RUBASH MARK J | Dir | M - OptEx | $76.59 | +1,683 | 15.3K | +12% | +$128.9K |
| DM | 2023-04-24 | 2023-04-21 | ISRG | RUBASH MARK J | Dir | S - Sale+OE | $297.92 | -1,683 | 15.0K | -10% | -$501.4K |
| DM | 2023-04-24 | 2023-04-21 | ISRG | RUBASH MARK J | Dir | M - OptEx | $0.00 | -9,818 | 1,414 | -87% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-04-21 | M | A | 173 | $71.32 | 15,173 | D | — | — | |
| 2 | Common | Common Stock | 2023-04-21 | M | A | 463 | $90.49 | 15,463 | D | — | — | |
| 3 | Common | Common Stock | 2023-04-21 | S | D | 349 | $297.94 | 15,000 | D | — | — | (F5) The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.60 to $299.27 as follows: 638 shares sold at $296.60 to $297.49; 1,768 shares sold at $297.73 to $298.69; and 400 shares sold at $298.74 to $299.27. 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. |
| 4 | Common | Common Stock | 2023-04-21 | M | A | 349 | $71.32 | 15,349 | D | — | — | |
| 5 | Common | Common Stock | 2023-04-21 | S | D | 349 | $297.94 | 15,000 | D | — | — | (F4) The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.60 to $299.28 as follows: 638 shares sold at $296.60 to $297.51; 1,768 shares sold at $297.72 to $298.69; and 400 shares sold at $298.74 to $299.28. 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. |
| 6 | Common | Common Stock | 2023-04-21 | M | A | 349 | $71.32 | 15,349 | D | — | — | |
| 7 | Common | Common Stock | 2023-04-21 | S | D | 349 | $297.93 | 15,000 | D | — | — | (F3) The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.62 to $299.27 as follows: 638 shares sold at $296.62 to $297.49; 1,718 shares sold at $297.68 to $298.67; and 450 shares sold at $298.69 to $299.27. 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. |
| 8 | Common | Common Stock | 2023-04-21 | S | D | 463 | $297.89 | 15,000 | D | — | — | (F2) The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.45 to $299.15 as follows: 275 shares sold at $296.45 to $297.41; 888 shares sold at $297.48 to $298.48; and 237 shares sold at $298.50 to $299.15. 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. |
| 9 | Common | Common Stock | 2023-04-21 | S | D | 173 | $297.89 | 15,000 | D | — | — | (F2) The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $296.45 to $299.15 as follows: 275 shares sold at $296.45 to $297.41; 888 shares sold at $297.48 to $298.48; and 237 shares sold at $298.50 to $299.15. 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. |
| 10 | Common | Common Stock | 2023-04-21 | M | A | 349 | $71.32 | 15,349 | D | — | — | |
| 11 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 472 | $0.00 | 942 | D | $172.59 · — to 2029-04-25 | 472 Common Stock | (F7) Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. |
| 12 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 235 | $0.00 | 707 | D | $172.59 · — to 2029-04-25 | 235 Common Stock | (F7) Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. |
| 13 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 173 | $0.00 | 1,570 | D | $71.32 · — to 2026-04-21 | 173 Common Stock | (F6) 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director to the issuer. |
| 14 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 349 | $0.00 | 1,221 | D | $71.32 · — to 2026-04-21 | 349 Common Stock | (F6) 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director to the issuer. |
| 15 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 349 | $0.00 | 872 | D | $71.32 · — to 2026-04-21 | 349 Common Stock | (F6) 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director to the issuer. |
| 16 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 349 | $0.00 | 523 | D | $71.32 · — to 2026-04-21 | 349 Common Stock | (F6) 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director to the issuer. |
| 17 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 927 | $0.00 | 3,708 | D | $90.49 · — to 2027-04-20 | 927 Common Stock | (F7) Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. |
| 18 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 927 | $0.00 | 2,781 | D | $90.49 · — to 2027-04-20 | 927 Common Stock | (F7) Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. |
| 19 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 927 | $0.00 | 1,854 | D | $90.49 · — to 2027-04-20 | 927 Common Stock | (F7) Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. |
| 20 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 463 | $0.00 | 1,391 | D | $90.49 · — to 2027-04-20 | 463 Common Stock | (F7) Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. |
| 21 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 598 | $0.00 | 2,390 | D | $154.24 · — to 2028-04-19 | 598 Common Stock | (F7) Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. |
| 22 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 598 | $0.00 | 1,792 | D | $154.24 · — to 2028-04-19 | 598 Common Stock | (F7) Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. |
| 23 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 598 | $0.00 | 1,194 | D | $154.24 · — to 2028-04-19 | 598 Common Stock | (F7) Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. |
| 24 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 299 | $0.00 | 895 | D | $154.24 · — to 2028-04-19 | 299 Common Stock | (F7) Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. |
| 25 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 460 | $0.00 | 1,838 | D | $171.07 · — to 2030-04-23 | 460 Common Stock | (F6) 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director to the issuer. |
| 26 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 460 | $0.00 | 1,378 | D | $171.07 · — to 2030-04-23 | 460 Common Stock | (F6) 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director to the issuer. |
| 27 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 460 | $0.00 | 918 | D | $171.07 · — to 2030-04-23 | 460 Common Stock | (F6) 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director to the issuer. |
| 28 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 230 | $0.00 | 688 | D | $171.07 · — to 2030-04-23 | 230 Common Stock | (F6) 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director to the issuer. |
| 29 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 472 | $0.00 | 1,886 | D | $172.59 · — to 2029-04-25 | 472 Common Stock | (F7) Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. |
| 30 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-04-21 | M | D | 472 | $0.00 | 1,414 | D | $172.59 · — to 2029-04-25 | 472 Common Stock | (F7) Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company. |