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INTUITIVE SURGICAL INC Director's Dealing 2019

Oct 24, 2019

29809_dirs_2019-10-24_008defb1-fc39-4436-8f78-2ce44016daf1.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: 2019-10-22

Reporting Person: Myriam Curet (EVP & Chief Medical Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-10-22 Common Stock M 750 $238.9133 Acquired 3851 Direct
2019-10-22 Common Stock S 750 $552.386 Disposed 3101 Direct
2019-10-22 Common Stock M 750 $230.9967 Acquired 3851 Direct
2019-10-22 Common Stock S 750 $553.9199 Disposed 3101 Direct
2019-10-22 Common Stock M 1500 $189.7367 Acquired 4601 Direct
2019-10-22 Common Stock S 1500 $553.9199 Disposed 3101 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-10-22 Non-Qualified Stock Option (right to buy) $189.7367 M 1500 Disposed 2023-02-15 Common Stock (1500) Direct
2019-10-22 Non-Qualified Stock Option (right to buy) $230.9967 M 750 Disposed 2026-08-15 Common Stock (750) Direct
2019-10-22 Non-Qualified Stock Option (right to buy) $238.9133 M 750 Disposed 2027-02-15 Common Stock (750) Direct

Footnotes

F1: These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on June 15, 2020.

F2: The average selling price for the transactions was $552.386 The shares sold at: $550.00 to $550.99 = 400 shares; $551.00 to $551.99 = 200 shares; and $558.00 to $558.99 = 150 shares.

F3: The average selling price for the transactions was $553.9199 The shares sold at: $545.00 to $545.99 = 120 shares;$547.00 to $547.99 = 200 shares; $549.00 to $549.99 = 100 shares;$550.00 to $550.99 = 700 shares; $551.00 to $551.99 = 58 shares;$558.00 to $558.99 = 572 shares; and $559.00 to $559.99 = 500 shares.

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.