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INTUITIVE SURGICAL INC Director's Dealing 2017

Jul 28, 2017

29809_dirs_2017-07-28_c70ed7ae-a0d8-479d-963d-227ddfd77d5d.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: 2017-07-27

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-07-27 Common Stock M 25000 $303.27 Acquired 101798 Direct
2017-07-27 Common Stock S 17975 $937.2709 Disposed 83823 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-07-27 Non-Qualified Stock Option (right to buy) $303.27 M 25000 Disposed 2018-02-15 Common Stock (25000) Direct

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on January 27, 2017.

F2: The average selling price for the transactions was $937.270882 The shares sold at: $922.00 - $922.99 = 200 shares; $923.00 - $923.99 = 200 shares; $924.00 - $924.99 = 200 shares; $925.00 to $925.99 = 800 shares; $926.00 - $926.99 = 1,000 shares; $931.00 - $931.99 = 100 shares; $932.00 to $932.99 = 900 shares; $933.00 to $933.99 = 800 shares;$934.00 to $934.99 = 100 shares;$937.00 to $937.99 = 400 shares;$938.00 to $938.99 = 3,375 shares; $939.00 to $939.99 = 3,100 shares; $940.00 to $940.99 = 3,300 shares; $941.00 to $941.99 = 1,500 shares; $942.00 to $942.99 = 1,895 shares; $943.00 to $943.99 = 105 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.