INTUITIVE SURGICAL INC — Director's Dealing 2020

Feb 19, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2020-02-15

Reporting Person: Andersen Reiter Kara (Sr VP General Counsel & CCO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-15	Common Stock	M	438	$0.0	Acquired	3260	Direct
2020-02-15	Common Stock	F	183	$0.0	Disposed	3077	Direct
2020-02-15	Common Stock	M	657	$0.0	Acquired	3734	Direct
2020-02-15	Common Stock	F	326	$0.0	Disposed	3408	Direct
2020-02-15	Common Stock	M	675	$0.0	Acquired	4083	Direct
2020-02-15	Common Stock	F	234	$0.0	Disposed	3849	Direct
2020-02-16	Common Stock	M	750	$0.0	Acquired	4599	Direct
2020-02-16	Common Stock	F	268	$0.0	Disposed	4331	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-16	Restricted Stock Units	$0.0	M	750	Disposed	2020-02-16	Common Stock (750)	Direct
2020-02-15	Restricted Stock Units	$0.0	M	675	Disposed	2021-02-15	Common Stock (675)	Direct
2020-02-15	Restricted Stock Units	$0.0	M	438	Disposed	2022-02-15	Common Stock (438)	Direct
2020-02-15	Restricted Stock Units	$0.0	M	657	Disposed	2029-02-15	Common Stock (657)	Direct

Footnotes

F1: RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. RSUs convert into common stock on the vest date on a one-for-one basis. 25 % of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account.

F2: Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.