INTUITIVE SURGICAL INC — Director's Dealing 2012

Jul 25, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2012-07-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-24	Common Stock	M	2000.0	$107.27	Acquired	2595.0	Direct
2012-07-24	Common Stock	S	2000.0	$474.053	Disposed	595.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-24	Non-Qualified Stock Option (right to buy)	$107.27	M	2000.0	Disposed	2019-02-17	Common Stock (2000.0)	Direct

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on March 13, 2012.

F2: The average selling price for the transactions was $474.053035 The shares sold at: $471.00 to $471.99 = 400 shares; $472.00 - $472.99 = 850 shares; $473.00 - $473.99 = 250 shares; $478.00 - $478.99 = 500 shares.

F3: 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.