INTUITIVE SURGICAL INC — Director's Dealing 2015

Jun 9, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2015-06-08

Reporting Person: GUTHART GARY S (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-08	Common Stock	M	25000.0	$106.69	Acquired	70444	Direct
2015-06-08	Common Stock	S	17840.0	$492.1561	Disposed	52604	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-06-08	Non-Qualified Stock Option (right to buy)	$106.69	M	25000.0	Disposed	2016-02-07	Common Stock (25000)	Direct

Footnotes

F1: These options were exercised and the underlying shares were sold pursuant to a 10b5-1 trading plan adopted by the reporting person on May 6, 2015.

F2: The average selling price for the transactions was $492.156107. The shares sold at: $490.00 - $490.99 = 4,209 shares; $491.00 - $491.99 = 6,892 shares; $492.00 - $492.99 = 1,284 shares; $493.00 - $493.99 = 2,555 shares; $494.00 - $494.99 = 1,200 shares; $495.00 - $495.99 = 1,100 shares; $496.00 - $496.99 = 600 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.