INTUITIVE SURGICAL INC — Director's Dealing 2011

Feb 14, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2011-02-11

Reporting Person: MELTZER MARK J (SVP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-11	Common Stock	M	1000	$107.27	Acquired	1356	Direct
2011-02-11	Common Stock	S	1000	$340	Disposed	356	Direct
2011-02-11	Common Stock	M	1000	$107.27	Acquired	1356	Direct
2011-02-11	Common Stock	S	1000	$344	Disposed	356	Direct
2011-02-11	Common Stock	M	1000	$107.27	Acquired	1356	Direct
2011-02-11	Common Stock	S	416	$343.035	Disposed	940	Direct
2011-02-11	Common Stock	S	184	$343.03	Disposed	756	Direct
2011-02-11	Common Stock	S	400	$343	Disposed	356	Direct
2011-02-11	Common Stock	M	1000	$107.27	Acquired	1356	Direct
2011-02-11	Common Stock	S	600	$342.24	Disposed	756	Direct
2011-02-11	Common Stock	S	400	$342	Disposed	356	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-11	Non-Qualified Stock Option (right to buy)	$107.27	M	1000	Disposed	2019-02-17	Common Stock (1000)	Direct
2011-02-11	Non-Qualified Stock Option (right to buy)	$107.27	M	1000	Disposed	2019-02-17	Common Stock (1000)	Direct
2011-02-11	Non-Qualified Stock Option (right to buy)	$107.27	M	1000	Disposed	2019-02-17	Common Stock (1000)	Direct
2011-02-11	Non-Qualified Stock Option (right to buy)	$107.27	M	1000	Disposed	2019-02-17	Common Stock (1000)	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.