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: Samath Jamie (SVP of Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-15	Common Stock	M	242	$0.0	Acquired	495	Direct
2021-02-15	Common Stock	F	84	$0.0	Disposed	411	Direct
2021-02-15	Common Stock	M	287	$0.0	Acquired	698	Direct
2021-02-15	Common Stock	F	100	$0.0	Disposed	598	Direct
2021-02-15	Common Stock	M	474	$0.0	Acquired	1072	Direct
2021-02-15	Common Stock	F	164	$0.0	Disposed	908	Direct
2021-02-17	Common Stock	S	655	$782.0	Disposed	253	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-15	Restricted Stock Units	$0.0	M	474	Disposed	2021-02-15	Common Stock (474)	Direct
2021-02-15	Restricted Stock Units	$0.0	M	287	Disposed	2022-02-15	Common Stock (287)	Direct
2021-02-15	Restricted Stock Units	$0.0	M	242	Disposed	2023-02-15	Common Stock (242)	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 exercised and sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on November 8, 2021.

F3: Each Restricted Stock Unit, granted pursuant to the 2010 Employee Stock Option Plan, 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 of time.