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INTUITIVE SURGICAL INC Director's Dealing 2024

Feb 27, 2024

29809_dirs_2024-02-27_2d9bf9b4-2b43-4e9c-b755-6eb8324d36e2.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: 2024-02-26

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-26 Common Stock M 1710 $0.0 Acquired 2008 Direct
2024-02-26 Common Stock F 867 $389.77 Disposed 1141 Direct
2024-02-27 Common Stock S 843 $386.46 Disposed 298 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-26 Restricted Stock Units $0.0 M 1710 Disposed 2025-02-26 Common Stock (1710) Direct
2024-02-26 Restricted Stock Units - 2-26-2024 $0.0 A 9158 Acquired Common Stock (9158) Direct

Footnotes

F1: RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. RSUs convert into common stock on the vest date on a one-for-one basis. 25 % of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account.

F2: These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on August 12, 2024.

F3: Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.

F4: Each Restricted Stock Unit, granted pursuant to the 2010 Employee Stock Option Plan, represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 33% on the first anniversary of the date of grant and annually thereafter, over a three year period of time.