INTUITIVE SURGICAL INC — Director's Dealing 2015

Jul 27, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2015-07-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-27	Common Stock	M	625.0	$107.27	Acquired	1621	Direct
2015-07-27	Common Stock	S	625.0	$545.5	Disposed	996	Direct
2015-07-27	Common Stock	M	1625.0	$309.46	Acquired	2621	Direct
2015-07-27	Common Stock	S	1625.0	$541.536	Disposed	996	Direct
2015-07-27	Common Stock	M	2500.0	$309.46	Acquired	3496	Direct
2015-07-27	Common Stock	S	2500.0	$541.4743	Disposed	996	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-27	Non-Qualified Stock Option (right to buy)	$107.27	M	625.0	Disposed	2019-02-17	Common Stock (625)	Direct
2015-07-27	Non-Qualified Stock Option (right to buy)	$309.46	M	1625.0	Disposed	2017-11-07	Common Stock (1625)	Direct
2015-07-27	Non-Qualified Stock Option (right to buy)	$309.46	M	2500.0	Disposed	2017-11-07	Common Stock (2500)	Direct

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on June 10, 2015.

F2: 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.