INTUITIVE SURGICAL INC — Director's Dealing 2016

Aug 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2016-08-08

Reporting Person: Rosa David J. (EVP & Chief Commercial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-08	Common Stock	M	375.0	$0.0	Acquired	2476	Direct
2016-08-08	Common Stock	F	189.0	$0.0	Disposed	2287	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-08	Restricted Stock Units	$0.0	M	375.0	Disposed	2018-08-07	Common Stock (375)	Direct

Footnotes

F1: On 8/7/14, RSU shares were granted, vesting 25% per year over a four year period. RSUs convert into common stock on the grant date on a one-for-one basis. On 8/8/16 25% of the shares were vested and released. A portion of the shares were held back to cover the statutory tax withholding requirement and the net shares were deposited into the holders account.

F2: Each Restricted Stock Unit, granted pursuant to the 2010 Employee Stock Option Plan, represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period of time.