Sec Form 4 Filing - Samath Jamie @ INTUITIVE SURGICAL INC - 2019-10-22

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Samath Jamie
2. Issuer Name and Ticker or Trading Symbol
INTUITIVE SURGICAL INC [ ISRG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP of Finance
(Last) (First) (Middle)
1020 KIFER ROAD
3. Date of Earliest Transaction (MM/DD/YY)
10/22/2019
(Street)
SUNNYVALE, CA94086
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/22/2019 M( 1 ) 287 A $ 418.56 446 D
Common Stock 10/22/2019 S( 1 ) 287 D $ 557.15 159 D
Common Stock 10/22/2019 M( 1 ) 475 A $ 328.4567 634 D
Common Stock 10/22/2019 S( 1 ) 475 D $ 557.15 159 D
Common Stock 10/22/2019 M( 1 ) 119 A $ 238.9133 278 D
Common Stock 10/22/2019 S( 1 ) 119 D $ 557.15 159 D
Common Stock 10/22/2019 M( 1 ) 70 A $ 230.9967 229 D
Common Stock 10/22/2019 S( 1 ) 70 D $ 557.15 159 D
Common Stock 10/22/2019 M( 1 ) 70 A $ 178.3867 229 D
Common Stock 10/22/2019 S( 1 ) 70 D $ 557.15 159 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 178.3867 10/22/2019 M( 1 ) 70 ( 2 ) 02/16/2026 Common Stock 70 $ 0 140 D
Non-Qualified Stock Option (right to buy) $ 230.9967 10/22/2019 M( 1 ) 70 ( 3 ) 08/15/2026 Common Stock 70 $ 0 142 D
Non-Qualified Stock Option (right to buy) $ 238.9133 10/22/2019 M( 1 ) 119 ( 2 ) 02/15/2027 Common Stock 119 $ 0 950 D
Non-Qualified Stock Option (right to buy) $ 328.4567 10/22/2019 M( 1 ) 475 ( 3 ) 08/15/2027 Common Stock 475 $ 0 949 D
Non-Qualified Stock Option (right to buy) $ 418.56 10/22/2019 M( 1 ) 287 ( 2 ) 02/15/2028 Common Stock 287 $ 0 1,007 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Samath Jamie
1020 KIFER ROAD
SUNNYVALE, CA94086
SVP of Finance
Signatures
By: Lori Serrano For: Jamie Samath 10/23/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares were sold in accordance with a Trading Plan that complies with SEC Ru le 10b5-1 and expires on November 4, 2019.
( 2 )Non-statutory stock option granted pursuant to the 2010 Employee Stock Option Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.
( 3 )Non-statutory stock option granted pursuant to the 2010 Employee Stock Option Plan. Option shall vest 7/48 one month after the date of grant and 1/48th each month thereafter.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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