INTUITIVE SURGICAL INC — Director's Dealing 2021

Feb 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2021-02-15

Reporting Person: DeSantis Robert (Executive VP & GM IA&E)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-15	Common Stock	M	708	$0.0	Acquired	4102	Direct
2021-02-15	Common Stock	F	178	$0.0	Disposed	3924	Direct
2021-02-15	Common Stock	M	958	$0.0	Acquired	4882	Direct
2021-02-15	Common Stock	F	294	$0.0	Disposed	4588	Direct
2021-02-15	Common Stock	M	1500	$0.0	Acquired	6088	Direct
2021-02-15	Common Stock	F	591	$0.0	Disposed	5497	Direct
2021-02-17	Common Stock	S	2958	$782.0	Disposed	2539	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-15	Restricted Stock Units	$0.0	M	1500	Disposed	2021-02-15	Common Stock (1500)	Direct
2021-02-15	Restricted Stock Units	$0.0	M	958	Disposed	2022-02-15	Common Stock (958)	Direct
2021-02-15	Restricted Stock Units	$0.0	M	708	Disposed	2023-02-15	Common Stock (708)	Direct

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: These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 31, 2021.

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.