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INTUITIVE SURGICAL INC Director's Dealing 2023

Aug 1, 2023

29809_dirs_2023-08-01_90a7898c-8f1c-486b-94d3-b44814dca739.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: 2023-07-28

Reporting Person: GUTHART GARY S (Director, CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-07-28 Common Stock M 67500 $42.6367 Acquired 67500 Direct
2023-07-28 Common Stock S 50314 $326.7626 Disposed 17186 Direct
2023-07-28 Common Stock G 16000 $0.0 Disposed 1180093 Indirect
2023-07-31 Common Stock S 2480 $325.89 Disposed 32320 Indirect
2023-07-31 Common Stock S 2480 $325.89 Disposed 32320 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-07-28 Non-Qualified Stock Option (right to buy) $42.6367 M 67500 Disposed 2023-08-15 Common Stock (67500) Direct

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 $325.13 to $328.45 as follows: 8,061 shares sold at $325.13 to $326.10; 26,670 shares sold at $326.14 to $327.12; 14,483 shares sold at $327.15 to $327.95; and 1,100 shares sold at $328.34 to $328.45. 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: The shares were donated to a Donor Advised Fund (DAF) in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on April 29, 2024.

F4: 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.