INTUITIVE SURGICAL INC — Director's Dealing 2018

Mar 2, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2018-03-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-01	Common Stock	M	562	$328.4567	Acquired	6159	Direct
2018-03-01	Common Stock	S	562	$420.4479	Disposed	5597	Direct
2018-03-01	Common Stock	M	563	$238.9133	Acquired	6160	Direct
2018-03-01	Common Stock	S	563	$420.1205	Disposed	5597	Direct
2018-03-01	Common Stock	M	305	$230.9967	Acquired	5902	Direct
2018-03-01	Common Stock	S	305	$421.3965	Disposed	5597	Direct
2018-03-01	Common Stock	M	304	$178.3867	Acquired	5901	Direct
2018-03-01	Common Stock	S	304	$421.3965	Disposed	5597	Direct
2018-03-01	Common Stock	M	459	$177.6833	Acquired	6056	Direct
2018-03-01	Common Stock	S	459	$421.3965	Disposed	5597	Direct
2018-03-01	Common Stock	M	459	$171.3333	Acquired	6056	Direct
2018-03-01	Common Stock	S	459	$421.3965	Disposed	5597	Direct
2018-03-01	Common Stock	M	585	$153.0467	Acquired	6182	Direct
2018-03-01	Common Stock	S	585	$421.3965	Disposed	5597	Direct
2018-03-01	Common Stock	M	587	$148.03	Acquired	6184	Direct
2018-03-01	Common Stock	S	587	$421.3965	Disposed	5597	Direct
2018-03-01	Common Stock	S	4110	$421.6479	Disposed	1487	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-01	Non-Qualified Stock Option (right to buy)	$148.03	M	587	Disposed	2024-02-18	Common Stock (587)	Direct
2018-03-01	Non-Qualified Stock Option (right to buy)	$153.0467	M	585	Disposed	2024-08-15	Common Stock (585)	Direct
2018-03-01	Non-Qualified Stock Option (right to buy)	$171.3333	M	459	Disposed	2025-02-17	Common Stock (459)	Direct
2018-03-01	Non-Qualified Stock Option (right to buy)	$177.6833	M	459	Disposed	2025-08-17	Common Stock (459)	Direct
2018-03-01	Non-Qualified Stock Option (right to buy)	$178.3867	M	304	Disposed	2026-02-16	Common Stock (304)	Direct
2018-03-01	Non-Qualified Stock Option (right to buy)	$230.9967	M	305	Disposed	2026-08-15	Common Stock (305)	Direct
2018-03-01	Non-Qualified Stock Option (right to buy)	$238.9133	M	563	Disposed	2027-02-15	Common Stock (563)	Direct
2018-03-01	Non-Qualified Stock Option (right to buy)	$328.4567	M	562	Disposed	2027-08-15	Common Stock (562)	Direct

Footnotes

F1: The shares were sold subject to a 10b5-1 trading plan established on 10-24-17.

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.