Jamie Samath Form 4 INTUITIVE SURGICAL / Jamie Samath ownership change

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^*

Samath Jamie

(Last) (First) (Middle)

1020 KIFER ROAD

(Street)

SUNNYVALE CA 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)
VP & Principal Accounting Offi

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2018

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/24/2018		M		178	A	$328.4567	257	D
Common Stock	07/24/2018		S(1)		178	D	$523	79	D
Common Stock	07/24/2018		M		178	A	$238.9133	257	D
Common Stock	07/24/2018		S(1)		178	D	$523.5029	79	D
Common Stock	07/24/2018		M		105	A	$230.9967	184	D
Common Stock	07/24/2018		S(1)		105	D	$523.5029	79	D
Common Stock	07/24/2018		M		105	A	$178.3867	184	D
Common Stock	07/24/2018		S(1)		105	D	$523.5029	79	D
Common Stock	07/24/2018		M		148	A	$177.6833	227	D
Common Stock	07/24/2018		S(1)		148	D	$523.5029	79	D
Common Stock	07/24/2018		M		148	A	$171.3333	227	D
Common Stock	07/24/2018		S(1)		148	D	$523.5029	79	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	$171.3333	07/24/2018		M			148	(2)	02/17/2025	Common Stock	148	$0.0	345	D
Non-Qualified Stock Option (right to buy)	$177.6833	07/24/2018		M			148	(3)	08/17/2025	Common Stock	148	$0.0	345	D
Non-Qualified Stock Option (right to buy)	$178.3867	07/24/2018		M			105	(2)	02/16/2026	Common Stock	105	$0.0	668	D
Non-Qualified Stock Option (right to buy)	$230.9967	07/24/2018		M			105	(3)	08/15/2026	Common Stock	105	$0.0	669	D
Non-Qualified Stock Option (right to buy)	$238.9133	07/24/2018		M			178	(2)	02/15/2027	Common Stock	178	$0.0	1,842	D
Non-Qualified Stock Option (right to buy)	$328.4567	07/24/2018		M			178	(3)	08/15/2027	Common Stock	178	$0.0	1,840	D

Explanation of Responses:

1. The shares were sold subject to a 10b5-1 trading plan established on 11-1-17.

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.

	Jamie Samath	07/24/2018
	** 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).
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