INTUITIVE SURGICAL INC — Director's Dealing 2022

Oct 24, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2022-10-21

Reporting Person: GUTHART GARY S (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-10-21	Common Stock	M	67500	$63.2456	Acquired	67500	Direct
2022-10-21	Common Stock	S	44203	$210.8366	Disposed	23297	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-10-21	Non-Qualified Stock Option (right to buy)	$63.2456	M	67500	Disposed	2023-02-15	Common Stock (67500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1165561	Indirect
Common Stock	34800	Indirect
Common Stock	34800	Indirect

Footnotes

F1: The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on April 26, 2023.

F2: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $207.32 to $218.32 as follows: 5,697 shares sold at $207.32 to $208.32; 4,003 shares sold at $208.37 to $209.27; 4,000 shares sold at $209.45 to $210.44; 14,620 shares sold at $210.47 to $211.47; 6,835 shares sold at $211.50 to $212.50; 8,465 shares sold at $212.51 to $213.11 and 583 shares sold at $218.31 to $218.32. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

F3: Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.