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INTUITIVE SURGICAL INC Director's Dealing 2012

May 2, 2012

29809_dirs_2012-05-02_22eeea49-398f-43f3-8f4e-8815190ca01d.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: 2012-04-30

Reporting Person: MOHR MARSHALL (SVP & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-04-30 Common Stock M 2200 $112.66 Acquired 3391 Direct
2012-04-30 Common Stock S 2200 $583.0736 Disposed 1191 Direct
2012-04-30 Common Stock M 3500 $112.66 Acquired 4691 Direct
2012-04-30 Common Stock S 3500 $583.0519 Disposed 1191 Direct
2012-04-30 Common Stock M 2500 $112.66 Acquired 3691 Direct
2012-04-30 Common Stock S 2500 $583.2029 Disposed 1191 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-04-30 Non-Qualified Stock Option (right to buy) $112.66 M 2200 Disposed 2017-02-15 Common Stock (2200) Direct
2012-04-30 Non-Qualified Stock Option (right to buy) $112.66 M 3500 Disposed 2017-02-15 Common Stock (3500) Direct
2012-04-30 Non-Qualified Stock Option (right to buy) $112.66 M 2500 Disposed 2017-02-15 Common Stock (2500) 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 $583.073645 The shares sold at: $580.00 - $580.99 = 100 shares; $581.00 - $581.99 = 700 shares; $582.00 to $582.99 = 200 shares; $583.00 - $583.99 = 400 shares; $584.00 - $584.99 = 200 shares; $585.00 - $585.99 = 500 shares; $586.00 - $586.99 = 100 shares.

F3: The average selling price for the transactions was $583.051911 The shares sold at: $581.00 - $581.99 = 1,000 shares; $582.00 to $582.99 = 300 shares; $583.00 - $583.99 = 1,200 shares; $584.00 - $584.99 = 400 shares; $585.00 - $585.99 = 400 shares; $586.00 - $586.99 = 200 shares.

F4: The average selling price for the transactions was $583.202908 The shares sold at: $580.00 - $580.99 = 300; $581.00 - $581.99 = 700 shares; $583.00 - $583.99 = 600 shares; $584.00 - $584.99 = 300 shares; $585.00 - $585.99 = 400 shares; $586.00 - $586.99 = 200 shares.

F5: 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.