INTUITIVE SURGICAL INC — Director's Dealing 2022

Jul 28, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2022-07-26

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-26	Common Stock	M	126000	$57.4789	Acquired	134019	Direct
2022-07-26	Common Stock	S	79412	$216.303	Disposed	54607	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-07-26	Non-Qualified Stock Option (right to buy)	$57.4789	M	126000	Disposed	2022-08-15	Common Stock (126000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1110954	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 $214.17 to $219.41 as follows: 7,647 shares sold at $214.17 to $214.99; 19,526 shares sold at $215.00 to $215.99; 35,526 shares sold at $216.01 to $216.99; 13,135 shares sold at $217.00 to $217.98; 2,470 shares sold at $218.03 to $218.99 and 1,108 shares sold at $219.00 to $219.41. 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 7/48 one month after the date of grant and 1/48 each month thereafter.