Myriam Curet McAdams - 09 Sep 2021 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role: EVP & Chief Medical Officer
Signature: By: Donna Spinola For: Myriam Curet
Issuer symbol: ISRG
Transactions as of: 09 Sep 2021
Net transactions value: -$3,316,771
Form type: 4
Filing time: 10 Sep 2021, 16:23:58 UTC
Previous filing: 27 Aug 2021
Next filing: 24 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ISRG	Common Stock	Options Exercise	$985,370	+3,000	+3158%	$328.46	3,095	09 Sep 2021	Direct	F1
transaction	ISRG	Common Stock	Sale	$3,247,611	-3,000	-97%	$1082.54	95	09 Sep 2021	Direct	F1, F2
transaction	ISRG	Common Stock	Options Exercise	$298,642	+1,250	+1316%	$238.91	1,345	09 Sep 2021	Direct	F1
transaction	ISRG	Common Stock	Sale	$1,353,171	-1,250	-93%	$1082.54	95	09 Sep 2021	Direct	F1, F2

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	-1,250	-100%	$0.000000^*	0	09 Sep 2021	Common Stock	1,250	$238.91	Direct	F1, F3
transaction	ISRG	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-3,000	-50%	$0.000000	3,000	09 Sep 2021	Common Stock	3,000	$328.46	Direct	F1, F4

* 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 August 9, 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 $1,080.02 to $1,084.94 as follows: 604 shares sold at $1,080.02 to $1,080.98; 551 shares sold at $1,081.20 to $1,081.91; 1,262 shares sold at $1,082.01 to $1,082.87; 1,533 shares sold at $1,083 to $1,083.96; 4,250 shares sold at $1,084.06 to $1,084.94. 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.
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.