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INTUITIVE SURGICAL INC Director's Dealing 2011

Jan 28, 2011

29809_dirs_2011-01-28_27803f64-c6a8-4d8a-820d-584b8e7a6093.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2011-01-27

Reporting Person: SMITH LONNIE M (Chairman of the Board)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-27 Common Stock M 15000 $18.5 Acquired 424180 Direct
2011-01-27 Common Stock S 400 $334.81 Disposed 423780 Direct
2011-01-27 Common Stock S 6 $334.78 Disposed 423774 Direct
2011-01-27 Common Stock S 300 $334.785 Disposed 423474 Direct
2011-01-27 Common Stock S 100 $334.79 Disposed 423374 Direct
2011-01-27 Common Stock S 200 $334.8 Disposed 423174 Direct
2011-01-27 Common Stock S 100 $334.82 Disposed 423074 Direct
2011-01-27 Common Stock S 450 $334.84 Disposed 422624 Direct
2011-01-27 Common Stock S 500 $334.95 Disposed 422124 Direct
2011-01-27 Common Stock S 100 $336.2 Disposed 422024 Direct
2011-01-27 Common Stock S 2144 $336.33 Disposed 419880 Direct
2011-01-27 Common Stock S 200 $336.56 Disposed 419680 Direct
2011-01-27 Common Stock S 500 $336.65 Disposed 419180 Direct
2011-01-27 Common Stock S 1000 $336.68 Disposed 418180 Direct
2011-01-27 Common Stock S 5000 $336.9023 Disposed 413180 Direct
2011-01-27 Common Stock S 2000 $337.01 Disposed 411180 Direct
2011-01-27 Common Stock S 2000 $337.14 Disposed 409180 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-01-27 Non-Qualified Stock Option (right to buy) $18.5 M 15000 Disposed 2014-02-13 Common Stock (15000) Direct

Footnotes

F1: Non-statutory stock option granted pursuant to the 2000 Employee Stock Option Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.