In 2010, Lonnie M. Smith earned $2.35M in total compensation at Intuitive Surgical, including $250.00K salary, $95.00K bonus and $2.01M in stock. Most recently sold 28,200 shares in Feb 2020. Currently holds stock worth $334.28M. Has donated $2.03B in stock to charitable causes. Led Intuitive Surgical as CEO for 13 years.
Compensation History
Annual executive compensation data for Lonnie M. Smith, including salary, bonuses, and stock awards.
Year
2010
Total Compensation
$2.35M
Salary
$250.00K
Bonus
$95.00K
Other
$0.00
Salary
$250.00KBoard Justification
The compensation philosophy aims to attract and retain talented executives while aligning their interests with long-term stockholder value.
Bonus
$95.00KBoard Justification
The bonus was based on the Corporate Incentive Plan (CIP) which was funded at 125% of the total targeted cash amount due to exceeding performance goals.
Other Compensation
$0.00Board Justification
Restricted Stock
Board Justification
The stock options granted in 2010 that vested are part of the 2010 Incentive Plan, vesting 1/8 at the end of six months and 1/48 per month thereafter.
Performance Metrics
The performance metrics for determining the compensation included revenue growth and operating income targets.
Lonnie M. Smith
Ex-CEO of Intuitive Surgical
Education
N/A
Sector of Economy
Healthcare
Born
November 30, 1953 - 72 years ago
CEO of Intuitive Surgical for
13 years 0 months (Jan 1997 - Jan 2010)
Previous Experience
Prior to joining Intuitive, Mr. Smith was a senior executive at Hillenbrand Industries.
Other Intuitive Surgical CEOs
Holdings
Track Lonnie M. Smith's stock holdings and portfolio value over time.
Total Stock Sold
$267.70M
$267.70M
1,587,357 ISRG shares
What if they kept their stock?
If Lonnie M. Smith didn't sell their stock, today they would have:
Extra ISRG1,587,357 shares worth $913.27M.
This is 241.16% and $645.57M more than what they got when they sold the stock.
Charitable Transactions
3,525,069 shares
ISRG
Recent Charitable Transactions
4,700 shares
ISRG
Feb 14, 2020
Charity
34,241 shares
ISRG
Jan 28, 2020
Charity
93,049 shares
ISRG
Nov 1, 2019
Charity
743 shares
ISRG
Oct 23, 2019
Charity
83,284 shares
ISRG
May 23, 2019
Charity
10,071 shares
ISRG
Jan 29, 2019
Charity
Insider Trading
Lonnie M. Smith's recent stock transactions, purchases, and sales filed with the SEC.
4,700 shares
ISRG
Feb 14, 2020
Charity
$16.94M
ISRG at $600.72/share
Feb 14, 2020
Sale
34,241 shares
ISRG
Jan 28, 2020
Charity
$4.80M
ISRG at $597.80/share
Jan 28, 2020
Sale
23,762 shares
ISRG
Jan 28, 2020
Charity
93,049 shares
ISRG
Nov 1, 2019
Charity
90,084 shares
ISRG
Nov 1, 2019
Charity
$113.67K
ISRG at $554.49/share
Oct 23, 2019
Sale
743 shares
ISRG
Oct 23, 2019
Charity
743 shares
ISRG
Oct 23, 2019
Charity
Rivals
Compare Lonnie M. Smith with competitor CEOs and industry peers.
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Bonus
$0.00
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2022 Compensation
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$0.00
Salary
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Bonus
$0.00
Other
$97.75K
Total Holdings
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Joaquin Duato
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2024 Compensation
Stock
$7.13M
Salary
$1.60M
Bonus
$3.22M
Other
$1.08M
Total Holdings
$1.09M
Kevin A. Lobo
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2024 Compensation
Stock
$13.66M
Salary
$1.44M
Bonus
$2.94M
Other
$897.87K
Total Holdings
$106.99M
Stanley M. Bergman
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2023 Compensation
Stock
$0.00
Salary
$1.63M
Bonus
$643.65K
Other
$341.74K
Total Holdings
$49.43M