INTUITIVE SURGICAL INC — Director's Dealing 2017

Sep 1, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2017-08-31

Reporting Person: Leonard Keith R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-31	Common Stock	M	327	$641.91	Acquired	754	Direct
2017-08-31	Common Stock	S	327	$1000.0	Disposed	427	Direct
2017-08-31	Common Stock	M	100	$526.59	Acquired	527	Direct
2017-08-31	Common Stock	S	100	$1000.0	Disposed	427	Direct
2017-08-31	Common Stock	S	427	$1000.0	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-08-31	Non-Qualified Stock Option (right to buy)	$526.59	M	100	Disposed	2026-01-28	Common Stock (100)	Direct
2017-08-31	Non-Qualified Stock Option (right to buy)	$641.91	M	327	Disposed	2026-04-21	Common Stock (327)	Direct

Footnotes

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

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 or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company.

F3: Options will vest 100% on the earlier of the first anniversary of the date of grant or the date of the next annual stockholders meeting.