INTUITIVE SURGICAL INC — Director's Dealing 2014

Dec 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2014-12-01

Reporting Person: Brogna Salvatore (SVP Product Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-01	Common Stock	M	1000.0	$341.19	Acquired	1311	Direct
2014-12-01	Common Stock	S	1000.0	$515.87	Disposed	311	Direct
2014-12-01	Common Stock	M	375.0	$383.73	Acquired	686	Direct
2014-12-01	Common Stock	S	375.0	$515.87	Disposed	311	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-01	Non-Qualified Stock Option (right to buy)	$341.19	M	1000.0	Disposed	2021-02-15	Common Stock (1000)	Direct
2014-12-01	Non-Qualified Stock Option (right to buy)	$383.73	M	375.0	Disposed	2023-08-15	Common Stock (375)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	600	Indirect

Footnotes

F1: These options were exercised and the underlying shares sold pursuant to a 10b5-1 trading plan adopted by the reporting person on June 12, 2014.

F2: Non-statutory stock option granted pursuant to the 2010 Employee Stock Option Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.

F3: 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.