Andersen Reiter Kara 4
4 · INTUITIVE SURGICAL INC · Filed Mar 2, 2021
Insider Transaction Report
Form 4
Andersen Reiter Kara
Sr VP General Counsel & CCO
Transactions
- Tax Payment
Common Stock
2021-02-28−187→ 4,844 total - Award
Non-Qualified Stock Option (right to buy)
2021-02-26+978→ 978 totalExercise: $736.80Exp: 2031-02-26→ Common Stock (978 underlying) - Exercise/Conversion
Restricted Stock Units
2021-02-28−376→ 1,127 totalExercise: $0.00Exp: 2024-02-28→ Common Stock (376 underlying) - Exercise/Conversion
Common Stock
2021-02-28+376→ 5,031 total - Award
Restricted Stock Units
2021-02-26+1,955→ 1,955 totalExercise: $0.00Exp: 2025-02-26→ Common Stock (1,955 underlying)
Footnotes (3)
- [F1]RSUs convert into common stock on the vest date on a one-for-one basis. On the transaction date, 25% of the shares were released and a portion of the shares were held back to cover the statutory tax withholding requirement. The net shares were deposited into the holders account.
- [F2]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.
- [F3]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.