INTUITIVE SURGICAL INC — Director's Dealing 2015

Oct 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2015-10-23

Reporting Person: SMITH LONNIE M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-23	Common Stock	M	5000.0	$341.19	Acquired	270159	Direct
2015-10-23	Common Stock	S	5000.0	$500.0	Disposed	265159	Direct
2015-10-23	Common Stock	M	5328.0	$334.3	Acquired	270487	Direct
2015-10-23	Common Stock	S	5328.0	$500.0	Disposed	265159	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-10-23	Non-Qualified Stock Option (right to buy)	$334.3	M	5328.0	Disposed	2020-02-16	Common Stock (5328)	Direct
2015-10-23	Non-Qualified Stock Option (right to buy)	$341.19	M	5000.0	Disposed	2021-02-15	Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	66726	Indirect

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on November 25, 2014.

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.

F3: Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.