Company: ISRG
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001035267-25-000098
Chunk: 54

Company: INTUITIVE SURGICAL INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 54
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 to the “Compensation Discussion and Analysis” section above for detailed discussion of the CIP.

(2) Amounts represent threshold, target, and maximum opportunities for the 2024 PSUs, which are eligible to be earned over an approximately three-year performance period and have an overall payout range of 75% of target to 125% of target, as determined by the Compensation Committee. One-third of the 2024 PSUs are eligible to be earned based on the Company’s TSR relative to the Peer Group Index TSR over the performance period, while the remaining two-thirds of the 2024 PSUs are eligible to be earned based on the achievement of specified combined da Vinci and Ion procedure growth targets based on multi-year periods within the overall performance period. For each metric, no shares will be earned if the actual performance is below the threshold attainment level.

(3) The RSU grants vest in 1/4th increments on each anniversary of the grant date, over a four-year period, subject to continued employment through the applicable vesting date.

(4) The amounts shown represent the fair value per share as of the grant date of such award determined pursuant to ASC 718, multiplied by the number of shares. See Note 10 of the Notes to the Consolidated Financial Statements contained in our Annual Report on Form 10-K filed on January 31, 2025, for a discussion of the assumptions made by us in determining the value of the equity awards. The grant date fair value for the performance condition component of PSUs was determined based on the fair market value of our common stock on the grant date. The grant date fair value for the market condition component of PSUs was determined using the Monte-Carlo simulation method described above. For information on the inputs to the Monte-Carlo simulation method, see footnote (1) of the 2024 Summary Compensation Table.

49

#### Outstanding Equity Awards as of December 31, 2024
The following table summarizes the outstanding stock options, RSUs, and PSUs that were held by our NEOs as of December 31, 2024:

|                        |     |           |     |            |     |        |     | Option Awards   |        |     |   |     |                   |       |     |        |     |           |        |     |           |     |            |     |       |     | Stock Awards                                               |        |     |         |     |                                                                      |            |     |                                                                                                                     |        |     |