INTUITIVE SURGICAL INC — Director's Dealing 2023

Oct 27, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2023-10-24

Reporting Person: GUTHART GARY S (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-26	Common Stock	M	33750	$49.3433	Acquired	50936	Direct
2023-10-26	Common Stock	S	27385	$260.107	Disposed	23551	Direct
2023-10-24	Common Stock	S	2480	$271.93	Disposed	29840	Indirect
2023-10-24	Common Stock	S	2480	$271.93	Disposed	29840	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-26	Non-Qualified Stock Option (right to buy)	$49.3433	M	33750	Disposed	2024-02-18	Common Stock (33750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1180093	Indirect

Footnotes

F1: The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on April 29, 2024.

F2: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $256.16 to $264.24 as follows: 2,409 shares sold at $256.16 to $257.16; 3,572 shares sold at $257.17 to $258.02; 3,090 shares sold at $258.24 to $258.97; 9,133 shares sold at $259.72 to $260.69; 4,304 shares sold at $260.75 to $261.53; 2,750 shares sold at $261.93 to $262.55 and 2,127 shares sold at $264.24. 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. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.