INTUITIVE SURGICAL INC — Director's Dealing 2019

Dec 9, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2019-12-05

Reporting Person: GUTHART GARY S (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-05	Common Stock	M	31875	$113.73	Acquired	396105	Direct
2019-12-05	Common Stock	S	22377	$582.1193	Disposed	373728	Direct
2019-12-09	Common Stock	G	2000	$0.0	Disposed	371728	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-05	Non-Qualified Stock Option (right to buy)	$113.73	M	31875	Disposed	2021-02-15	Common Stock (31875)	Direct

Footnotes

F1: The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 5, 2020.

F2: The average selling price for the transactions was $582.1183 The shares sold at: $579.00 to $579.99 = 878 shares; $580.00 to $580.99 = 4,613 shares; $581.00 - $581.99 = 4,676 shares; $582.00 - $582.99 = 5,680 shares; $583.00 - $583.99 = 4,530 shares; $584.00 - $584.99 = 1,900 shares; $585.00 - $585.99 = 100 shares.

F3: The shares were donated to a Donor Advised (TIMBO) Fund in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 5, 2020.

F4: Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.