INTUITIVE SURGICAL INC — Director's Dealing 2019

Dec 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2019-12-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-02	Common Stock	M	843	$548.5	Acquired	6214	Direct
2019-12-02	Common Stock	S	843	$586.6862	Disposed	5371	Direct
2019-12-02	Common Stock	M	844	$499.87	Acquired	6215	Direct
2019-12-02	Common Stock	S	844	$586.6862	Disposed	5371	Direct
2019-12-02	Common Stock	M	2735	$522.77	Acquired	8106	Direct
2019-12-02	Common Stock	S	2735	$586.6862	Disposed	5371	Direct
2019-12-02	Common Stock	M	2734	$418.56	Acquired	8105	Direct
2019-12-02	Common Stock	S	2734	$586.657	Disposed	5371	Direct
2019-12-02	Common Stock	M	2812	$328.4567	Acquired	8183	Direct
2019-12-02	Common Stock	S	2812	$586.657	Disposed	5371	Direct
2019-12-02	Common Stock	M	563	$238.9133	Acquired	5934	Direct
2019-12-02	Common Stock	S	563	$586.657	Disposed	5371	Direct
2019-12-02	Common Stock	M	305	$230.9967	Acquired	5676	Direct
2019-12-02	Common Stock	S	305	$586.657	Disposed	5371	Direct
2019-12-02	Common Stock	M	304	$178.3867	Acquired	5675	Direct
2019-12-02	Common Stock	S	304	$586.657	Disposed	5371	Direct
2019-12-02	Common Stock	S	1228	$592.0	Disposed	4143	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-02	Non-Qualified Stock Option (right to buy)	$178.3867	M	304	Disposed	2026-02-16	Common Stock (304)	Direct
2019-12-02	Non-Qualified Stock Option (right to buy)	$230.9967	M	305	Disposed	2026-08-15	Common Stock (305)	Direct
2019-12-02	Non-Qualified Stock Option (right to buy)	$238.9133	M	563	Disposed	2027-02-15	Common Stock (563)	Direct
2019-12-02	Non-Qualified Stock Option (right to buy)	$328.4567	M	2812	Disposed	2027-08-15	Common Stock (2812)	Direct
2019-12-02	Non-Qualified Stock Option (right to buy)	$418.56	M	2734	Disposed	2028-02-15	Common Stock (2734)	Direct
2019-12-02	Non-Qualified Stock Option (right to buy)	$499.87	M	844	Disposed	2029-08-15	Common Stock (844)	Direct
2019-12-02	Non-Qualified Stock Option (right to buy)	$522.77	M	2735	Disposed	2028-08-15	Common Stock (2735)	Direct
2019-12-02	Non-Qualified Stock Option (right to buy)	$548.5	M	843	Disposed	2029-02-15	Common Stock (843)	Direct

Footnotes

F1: These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on September 9, 2020.

F2: The average selling price for the transactions was $586.686174. The shares sold at: $583.69- $584.7 = 800 shares; $584.00- $585.94 = 900 shares;$585.94- $587= 1302 shares; $587.14 - $588.04 = 570 shares; and $590.00 - $590.34 = 850 shares.

F3: The average selling price for the transactions was $586.656974. The shares sold at $583.7-$584.7 = 1,013; shares sold at 548.9-$585.09 = 500; shares sold at $585.12 - $586.04 = 1,336; shares sold at $586.15 - $587.14 = 1,614; shares sold at $587.18 - $588.23 = 1,405; shares sold at $590 - $590.395 = 850.

F4: 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.

F5: 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.