INTUITIVE SURGICAL INC — Director's Dealing 2021

Feb 17, 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: GUTHART GARY S (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-15	Common Stock	M	2000	$0.0	Acquired	4980	Direct
2021-02-15	Common Stock	F	992	$0.0	Disposed	3988	Direct
2021-02-15	Common Stock	M	1417	$0.0	Acquired	5405	Direct
2021-02-15	Common Stock	F	703	$0.0	Disposed	4702	Direct
2021-02-15	Common Stock	M	1250	$0.0	Acquired	5952	Direct
2021-02-15	Common Stock	F	620	$0.0	Disposed	5332	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-15	Restricted Stock Units	$0.0	M	2000	Disposed	2021-02-15	Common Stock (2000)	Direct
2021-02-15	Restricted Stock Units	$0.0	M	1417	Disposed	2022-02-15	Common Stock (1417)	Direct
2021-02-15	Restricted Stock Units	$0.0	M	1250	Disposed	2023-02-15	Common Stock (1250)	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: 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.