INTUITIVE SURGICAL INC — Director's Dealing 2017

Jul 25, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2017-07-25

Reporting Person: Myriam Curet (SVP & Chief Medical Officer, SVP & Chief Medical Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-07-25	Common Stock	M	750	$517.31	Acquired	1428	Direct
2017-07-25	Common Stock	S	750	$951.73	Disposed	678	Direct
2017-07-25	Common Stock	M	452	$514.0	Acquired	1130	Direct
2017-07-25	Common Stock	S	452	$947.6681	Disposed	678	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-07-25	Non-Qualified Stock Option (right to buy)	$514.0	M	452	Disposed	2025-02-17	Common Stock (452)	Direct
2017-07-25	Non-Qualified Stock Option (right to buy)	$517.31	M	750	Disposed	2022-08-15	Common Stock (750)	Direct

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 Trading Plan, entered into on May 5, 2017.

F2: Non-statutory stock option granted pursuant to the 2010 Employee Stock Option Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.

F3: Non-statutory stock option granted pursuant to the 2010 Employee Stock Option Plan. Option shall vest 7/48 one month after the date of grant and 1/48th each month thereafter.

F4: The sale of these shares was reported in error as a duplicate entry on a form 4 filed on 6/7/17. Three same-day-sale transactions for 750 shares each were reported for this option instead of two.