SEC FORM 4

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Myriam Curet

(Last)

(First)

(Middle)

1020 KIFER ROAD

(Street)

SUNNYVALE

94086

(City)

(State)

(Zip)

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)
	EVP & Chief Medical Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/23/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/23/2019		M⁽¹⁾		750	A	$238.9133	3,851	D
Common Stock	07/23/2019		S⁽¹⁾		750	D	$532.14	3,101	D
Common Stock	07/23/2019		M⁽¹⁾		750	A	$230.9967	3,851	D
Common Stock	07/23/2019		S⁽¹⁾		750	D	$532.14	3,101	D
Common Stock	07/23/2019		M⁽¹⁾		750	A	$178.3867	3,851	D
Common Stock	07/23/2019		S⁽¹⁾		750	D	$532.14	3,101	D
Common Stock	07/23/2019		M⁽¹⁾		611	A	$177.6833	3,712	D
Common Stock	07/23/2019		S⁽¹⁾		611	D	$532.14	3,101	D
Common Stock	07/23/2019		M⁽¹⁾		613	A	$171.3333	3,714	D
Common Stock	07/23/2019		S⁽¹⁾		613	D	$532.14	3,101	D
Common Stock	07/23/2019		M⁽¹⁾		1,500	A	$189.7367	4,601	D
Common Stock	07/23/2019		S⁽¹⁾		1,500	D	$532.14	3,101	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$171.3333	07/23/2019		M⁽¹⁾			613	⁽²⁾	02/17/2025	Common Stock	613	$0.0	0	D
Non-Qualified Stock Option (right to buy)	$177.6833	07/23/2019		M⁽¹⁾			611	⁽³⁾	08/17/2025	Common Stock	611	$0.0	0	D
Non-Qualified Stock Option (right to buy)	$178.3867	07/23/2019		M⁽¹⁾			750	⁽²⁾	02/16/2026	Common Stock	750	$0.0	437	D
Non-Qualified Stock Option (right to buy)	$189.7367	07/23/2019		M⁽¹⁾			1,500	⁽²⁾	02/15/2023	Common Stock	1,500	$0.0	4,950	D
Non-Qualified Stock Option (right to buy)	$230.9967	07/23/2019		M⁽¹⁾			750	⁽³⁾	08/15/2026	Common Stock	750	$0.0	2,250	D
Non-Qualified Stock Option (right to buy)	$238.9133	07/23/2019		M⁽¹⁾			750	⁽²⁾	02/15/2027	Common Stock	750	$0.0	5,250	D

Explanation of Responses:

1. These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on June 15, 2020.

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.

	By: Lori Serrano For: Myriam Curet	07/25/2019
	** Signature of Reporting Person	Date
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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