INTUITIVE SURGICAL INC — Director's Dealing 2021

Apr 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2021-04-26

Reporting Person: MOHR MARSHALL (Executive VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-26	Common Stock	M	9375	$153.0467	Acquired	9375	Direct
2021-04-26	Common Stock	S	9375	$865.6341	Disposed	0	Direct
2021-04-26	Common Stock	M	21000	$172.4367	Acquired	21000	Direct
2021-04-26	Common Stock	S	12588	$865.7374	Disposed	8412	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-26	Non-Qualified Stock Option (right to buy)	$153.0467	M	9375	Disposed	2024-08-15	Common Stock (9375)	Direct
2021-04-26	Non-Qualified Stock Option (right to buy)	$172.4367	M	21000	Disposed	2022-08-15	Common Stock (21000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	23492	Indirect

Footnotes

F1: These shares were exercised and sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on December 2, 2021.

F2: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $860.174 to $870.00,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: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $861.74 to $870.046,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.

F4: 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.