INTUITIVE SURGICAL INC — Director's Dealing 2021

Jul 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2021-07-23

Reporting Person: DeSantis Robert (EVP & Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-23	Common Stock	M	484	$727.01	Acquired	3462	Direct
2021-07-23	Common Stock	S	484	$967.209	Disposed	2978	Direct
2021-07-23	Common Stock	M	422	$539.1	Acquired	3400	Direct
2021-07-23	Common Stock	S	422	$967.2303	Disposed	2978	Direct
2021-07-23	Common Stock	M	483	$533.96	Acquired	3461	Direct
2021-07-23	Common Stock	S	483	$967.2303	Disposed	2978	Direct
2021-07-23	Common Stock	S	2615	$967.286	Disposed	363	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-23	Non-Qualified Stock Option (right to buy)	$533.96	M	483	Disposed	2030-02-28	Common Stock (483)	Direct
2021-07-23	Non-Qualified Stock Option (right to buy)	$539.1	M	422	Disposed	2030-05-11	Common Stock (422)	Direct
2021-07-23	Non-Qualified Stock Option (right to buy)	$727.01	M	484	Disposed	2030-08-28	Common Stock (484)	Direct

Footnotes

F1: These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on June 1, 2022.

F2: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $962.83 to $975.41,inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

F3: Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.

F4: Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The grant vests 25% on the first anniversary of the date of grant and monthly thereafter, over a four year period of time.

F5: Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 7/48 one month after the date of grant and 1/48 each month thereafter.