INTUITIVE SURGICAL INC — Director's Dealing 2016

Apr 25, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2016-04-21

Reporting Person: HALVORSON ERIC H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-04-21	Common Stock	M	460.0	$0.0	Acquired	2485	Direct
2016-04-22	Common Stock	M	1063.0	$371.32	Acquired	3548	Direct
2016-04-22	Common Stock	S	1063.0	$639.2108	Disposed	2485	Direct
2016-04-22	Common Stock	M	2125.0	$483.8	Acquired	4610	Direct
2016-04-22	Common Stock	S	2125.0	$639.2108	Disposed	2485	Direct
2016-04-22	Common Stock	M	2500.0	$579.24	Acquired	4985	Direct
2016-04-22	Common Stock	S	2500.0	$639.2108	Disposed	2485	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-04-22	Non-Qualified Stock Option (right to buy)	$371.32	M	1063.0	Disposed	2024-04-24	Common Stock (1063)	Direct
2016-04-22	Non-Qualified Stock Option (right to buy)	$483.8	M	2125.0	Disposed	2023-04-25	Common Stock (2125)	Direct
2016-04-22	Non-Qualified Stock Option (right to buy)	$579.24	M	2500.0	Disposed	2022-04-19	Common Stock (2500)	Direct
2016-04-21	Restricted Stock Units	$0.0	M	460.0	Disposed	2019-04-23	Common Stock (460)	Direct

Footnotes

F1: As approved by the Issuers Board of Directors on January 28, 2016, these RSUs vested on April 21, 2016, the date of the Issuer?s annual stockholders meeting, which fell two days earlier than the first anniversary of the date of grant.

F2: Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant date.

F3: The RSUs fully vest on the earlier of the first anniversary of the date of grant or the date of the next annual stockholders meeting.