LEVY ALAN J 4
4 · INTUITIVE SURGICAL INC · Filed Jan 29, 2024
Insider Transaction Report
Form 4
LEVY ALAN J
Director
Transactions
- Exercise/Conversion
Common Stock
2024-01-26$154.24/sh+72$11,105→ 25,391 total - Sale
Common Stock
2024-01-26$370.20/sh−72$26,655→ 25,319 total - Sale
Common Stock
2024-01-26$370.20/sh−1,928$713,750→ 25,319 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2024-01-26−72→ 2,916 totalExercise: $154.24Exp: 2028-04-19→ Common Stock (72 underlying) - Exercise/Conversion
Common Stock
2024-01-26$90.49/sh+1,928$174,473→ 27,247 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2024-01-26−1,928→ 0 totalExercise: $90.49Exp: 2027-04-20→ Common Stock (1,928 underlying)
Footnotes (3)
- [F1]These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 8, 2024.
- [F2]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $368.90 to $371.65 as follows: 900 shares sold at $368.90 to $369.78; 600 shares sold at $370.04 to $370.71; and 500 shares sold at $371.60 to $371.65. 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.
- [F3]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.