0001035267-24-000175.txt : 20240514
0001035267-24-000175.hdr.sgml : 20240514
20240514165744
ACCESSION NUMBER: 0001035267-24-000175
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240510
FILED AS OF DATE: 20240514
DATE AS OF CHANGE: 20240514
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DeSantis Robert
CENTRAL INDEX KEY: 0001808942
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30713
FILM NUMBER: 24945442
MAIL ADDRESS:
STREET 1: C/O INTUITIVE SURGICAL, INC.
STREET 2: 1020 KIFER ROAD
CITY: SUNNYVALE
STATE: CA
ZIP: 94086
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: INTUITIVE SURGICAL INC
CENTRAL INDEX KEY: 0001035267
STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842]
ORGANIZATION NAME: 08 Industrial Applications and Services
IRS NUMBER: 770416458
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1020 KIFER ROAD
CITY: SUNNYVALE
STATE: CA
ZIP: 94086
BUSINESS PHONE: 4085232100
MAIL ADDRESS:
STREET 1: 1020 KIFER ROAD
CITY: SUNNYVALE
STATE: CA
ZIP: 94086
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0508
4
2024-05-10
0
0001035267
INTUITIVE SURGICAL INC
ISRG
0001808942
DeSantis Robert
1020 KIFER ROAD
SUNNYVALE
CA
94086
0
1
0
0
EVP & Chief Strategy & Corp Op
1
Common Stock
2024-05-10
4
M
0
120
304.67
A
5627
D
Common Stock
2024-05-10
4
S
0
120
385.55
D
5507
D
Common Stock
2024-05-10
4
M
0
119
229.39
A
5626
D
Common Stock
2024-05-10
4
S
0
119
385.55
D
5507
D
Common Stock
2024-05-11
4
M
0
360
0.0
A
5867
D
Common Stock
2024-05-11
4
F
0
167
386.7
D
5700
D
Common Stock
2024-05-13
4
M
0
90
179.7
A
5790
D
Common Stock
2024-05-13
4
S
0
90
389.16
D
5700
D
Common Stock
2024-05-13
4
S
0
194
389.16
D
5506
D
Non-Qualified Stock Option (right to buy)
179.7
2024-05-13
4
M
0
90
0.0
D
2030-05-11
Common Stock
90
0
D
Non-Qualified Stock Option (right to buy)
229.39
2024-05-10
4
M
0
119
0.0
D
2030-02-27
Common Stock
119
3951
D
Non-Qualified Stock Option (right to buy)
304.67
2024-05-10
4
M
0
120
0.0
D
2030-08-09
Common Stock
120
3950
D
Restricted Stock Units
0.0
2024-05-11
4
M
0
360
0.0
D
2024-05-11
Common Stock
360
0
D
These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on December 9, 2024.
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.
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.
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.
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.
By: Donna Spinola For: DeSantis, Robert
2024-05-14