Craig H. Barratt - Jul 23, 2021 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role: Director
Signature: By: Donna Spinola For: Craig H. Barratt
Stock symbol: ISRG
Transactions as of: Jul 23, 2021
Transactions value $: -$1,027,564
Form type: 4
Date filed: 7/26/2021, 07:27 PM
Next filing: Oct 4, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ISRG	Common Stock	Options Exercise	$206K	+1.28K		$161.27	1.28K	Jul 23, 2021	Direct	F1
transaction	ISRG	Common Stock	Sale	-$1.23M	-1.28K	-100%	$967.20	0	Jul 23, 2021	Direct	F1, F2
holding	ISRG	Common Stock						7.98K	Jul 23, 2021	by Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ISRG	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-1.28K	-100%	$0.00^*	0	Jul 23, 2021	Common Stock	1.28K	$161.27	Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were exercised and sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on March 8, 2022.
F2	The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $963.28 to $975.41,inclusive. 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 Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company.