INTUITIVE SURGICAL INC — Director's Dealing 2021

Mar 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: MOHR MARSHALL (Executive VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-28	Common Stock	M	752	$0.00	Acquired	10592	Direct
2021-02-28	Common Stock	F	373	$0.00	Disposed	10219	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-26	Non-Qualified Stock Option (right to buy)	$736.80	A	3421	Acquired	2031-02-26	Common Stock (3421)	Direct
2021-02-26	Restricted Stock Units	$0.00	A	2281	Acquired	2025-02-26	Common Stock (2281)	Direct
2021-02-28	Restricted Stock Units	$0.00	M	752	Disposed	2024-02-28	Common Stock (752)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13273	Indirect

Footnotes

F1: RSUs convert into common stock on the vest date on a one-for0-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: The prior Form 4 filed by the Reporting Person on 2/17/2021 reported a transaction on line 7 of Table I in error, resulting in the Reporting Person's beneficial ownership being overstated by 1,250 shares. The beneficial ownership reported in this Form 4 has been adjusted to correct the aforementioned error.

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: 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.