INTUITIVE SURGICAL INC — Director's Dealing 2018

Sep 10, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2018-09-07

Reporting Person: Friedman Michael A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-07	Common Stock	M	1545	$271.4833	Acquired	5964	Direct
2018-09-07	Common Stock	S	1545	$541.4588	Disposed	4419	Direct
2018-09-07	Common Stock	M	525	$185.7333	Acquired	4944	Direct
2018-09-07	Common Stock	S	525	$541.4588	Disposed	4419	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-07	Non-Qualified Stock Option (right to buy)	$185.7333	M	525	Disposed	2025-07-23	Common Stock (525)	Direct
2018-09-07	Non-Qualified Stock Option (right to buy)	$271.4833	M	1545	Disposed	2027-04-20	Common Stock (1545)	Direct

Footnotes

F1: This transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 6, 2019.

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: 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.