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INTUITIVE SURGICAL INC Director's Dealing 2021

Feb 17, 2021

29809_dirs_2021-02-17_3404d3d3-1467-43ce-be72-4b44c4590ea3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Rosa David J. (EVP and Chief Business Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-15 Common Stock M 1500 $0.0 Acquired 28028 Direct
2021-02-15 Common Stock F 560 $0.0 Disposed 27468 Direct
2021-02-15 Common Stock M 1042 $0.0 Acquired 28510 Direct
2021-02-15 Common Stock F 517 $0.0 Disposed 27993 Direct
2021-02-15 Common Stock M 750 $0.0 Acquired 28743 Direct
2021-02-15 Common Stock F 372 $0.0 Disposed 28371 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 1042 Disposed 2022-02-15 Common Stock (1042) Direct
2021-02-15 Restricted Stock Units $0.0 M 750 Disposed 2023-02-15 Common Stock (750) 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: 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.