INTUITIVE SURGICAL INC — Director's Dealing 2021

Mar 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2021-02-26

Reporting Person: GUTHART GARY S (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-28	Common Stock	M	1289	$0.0	Acquired	6621	Direct
2021-02-28	Common Stock	F	640	$0.0	Disposed	5981	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-26	Non-Qualified Stock Option (right to buy)	$736.8	A	6061	Acquired	2031-02-26	Common Stock (6061)	Direct
2021-02-28	Restricted Stock Units	$0.0	M	1289	Disposed	2024-02-28	Common Stock (1289)	Direct
2021-02-26	Restricted Stock Units	$0.0	A	4040	Acquired	2025-02-26	Common Stock (4040)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	360954	Indirect
Common Stock	11600	Indirect
Common Stock	11600	Indirect

Footnotes

F1: RSUs convert into common stock on the vest date on a one-for-one basis. On the transaction date, 25% of the shares were released and a portion of the shares were held back to cover the statutory tax withholding requirement. The net shares were deposited into the holders account.

F2: 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.

F3: 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.