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INTUITIVE SURGICAL INC Director's Dealing 2018

Dec 4, 2018

29809_dirs_2018-12-04_8cdb7413-4897-4e2b-b9d5-5299674a31c3.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: 2018-12-03

Reporting Person: Brogna Salvatore (EVP & Chief Operating Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-12-03 Common Stock M 562 $238.9133 Acquired 2049 Direct
2018-12-03 Common Stock S 562 $541.8778 Disposed 1487 Direct
2018-12-03 Common Stock M 305 $230.9967 Acquired 1792 Direct
2018-12-03 Common Stock S 305 $541.8778 Disposed 1487 Direct
2018-12-03 Common Stock M 304 $178.3867 Acquired 1791 Direct
2018-12-03 Common Stock S 304 $541.8778 Disposed 1487 Direct
2018-12-03 Common Stock M 459 $177.6833 Acquired 1946 Direct
2018-12-03 Common Stock S 459 $541.8778 Disposed 1487 Direct
2018-12-03 Common Stock M 460 $171.3333 Acquired 1947 Direct
2018-12-03 Common Stock S 460 $541.8778 Disposed 1487 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-12-03 Non-Qualified Stock Option (right to buy) $171.3333 M 460 Disposed 2025-02-17 Common Stock (460) Direct
2018-12-03 Non-Qualified Stock Option (right to buy) $177.6833 M 459 Disposed 2025-08-17 Common Stock (459) Direct
2018-12-03 Non-Qualified Stock Option (right to buy) $178.3867 M 304 Disposed 2026-02-16 Common Stock (304) Direct
2018-12-03 Non-Qualified Stock Option (right to buy) $230.9967 M 305 Disposed 2026-08-15 Common Stock (305) Direct
2018-12-03 Non-Qualified Stock Option (right to buy) $238.9133 M 562 Disposed 2027-02-15 Common Stock (562) Direct

Footnotes

F1: These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on September 10, 2019.

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.