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INTUITIVE SURGICAL INC Director's Dealing 2023

Apr 24, 2023

29809_dirs_2023-04-24_a7acd319-11ba-4fb2-82d9-c64b406dd31e.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: 2023-04-21

Reporting Person: Curet Myriam (EVP & Chief Medical Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-04-21 Common Stock M 2000 $166.6233 Acquired 3950 Direct
2023-04-21 Common Stock S 2000 $300.0011 Disposed 1950 Direct
2023-04-21 Common Stock M 6000 $174.2567 Acquired 7950 Direct
2023-04-21 Common Stock S 6000 $300.0011 Disposed 1950 Direct
2023-04-21 Common Stock S 1118 $297.9165 Disposed 832 Direct
2023-04-21 Common Stock S 505 $300.0 Disposed 327 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-04-21 Non-Qualified Stock Option (right to buy) $166.6233 M 2000 Disposed 2029-08-15 Common Stock (2000) Direct
2023-04-21 Non-Qualified Stock Option (right to buy) $174.2567 M 6000 Disposed 2028-08-15 Common Stock (6000) Direct

Footnotes

F1: The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 10, 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 $296.54 to $299.27 as follows: 232 shares sold at $296.54 - $297.32; 666 shares sold at $297.57 - $298.50; 220 shares sold at $298.62 - $299.27. 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.