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INTUITIVE SURGICAL INC Director's Dealing 2017

Jul 25, 2017

29809_dirs_2017-07-25_18ead6a4-7795-4ebe-9a77-d677829581f5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2017-07-24

Reporting Person: Friedman Michael A (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-07-24 Common Stock M 325 $0.0 Acquired 977 Direct
2017-07-25 Common Stock M 1000 $557.2 Acquired 1977 Direct
2017-07-25 Common Stock S 1000 $945.603 Disposed 977 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-07-25 Non-Qualified Stock Option (right to buy) $557.2 M 1000 Disposed 2025-07-23 Common Stock (1000) Direct
2017-07-24 Restricted Stock Units $0.0 M 325 Disposed 2019-07-23 Common Stock (325) Direct

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on June 12, 2017.

F2: Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 1/3rd one year after the date of grant and 1/36th each month thereafter.

F3: 1/3 of the grant will vest on the anniversary date of the grant over a three year period, provided however that vesting will cease on termination of the Director's service to the company.