INTUITIVE SURGICAL INC — Director's Dealing 2012

Oct 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2012-08-15

Reporting Person: MCNAMARA JEROME J (EVP da Vinci WW Sales & Mktg)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-22	Common Stock	M	6250.0	$107.27	Acquired	8960.0	Direct
2012-10-22	Common Stock	S	6250.0	$543.5427	Disposed	2710.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-10-22	Non-Qualified Stock Option (right to buy)	$107.27	M	6250.0	Disposed	2019-02-17	Common Stock (6250.0)	Direct
2012-08-15	Non-Qualified Stock Option (right to buy)	$517.31	A	11250.0	Acquired	2022-08-15	Common Stock (11250.0)	Direct

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on March 14, 2012.

F2: The average selling price for the transactions was $543.542672. The shares sold at: $542.00 - $542.99 = 5,000 shares; $548.00 to $548.99 = 1,250 shares.

F3: Non-statutory stock option granted pursuant to the 2000 Employee Stock Option Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.

F4: Non-statutory stock option granted pursuant to the 2010 Employee Stock Option Plan. Option shall vest 7/48 one month after the date of grant and 1/48th each month thereafter.