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Form 4 INTUITIVE SURGICAL INC For: Jun 01 Filed by: Brogna Salvatore

June 2, 2016 1:16 PM EDT
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
  
 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 *
Brogna Salvatore
(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)
EVP - Product Operations
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2016
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 06/01/2016   M   375.00 A $ 383.73 796 D  
Common Stock 06/01/2016   S (1)   375.00 D $ 630.39 421 D  
Common Stock 06/01/2016   M   195.00 A $ 459.14 616 D  
Common Stock 06/01/2016   S (1)   195.00 D $ 630.3206 421 D  
Common Stock 06/01/2016   M   196.00 A $ 444.09 617 D  
Common Stock 06/01/2016   S (1)   196.00 D $ 630.3206 421 D  
Common Stock 06/01/2016   M   7,000.00 A $ 505.23 7,421 D  
Common Stock 06/01/2016   S (1)   7,000.00 D $ 632.7497 (2) 421 D  
Common Stock 06/01/2016   M   765.00 A $ 514.00 1,186 D  
Common Stock 06/01/2016   S (1)   765.00 D $ 632.7497 (2) 421 D  
Common Stock 06/01/2016   M   7,000.00 A $ 517.31 7,421 D  
Common Stock 06/01/2016   S (1)   7,000.00 D $ 632.7497 (2) 421 D  
Common Stock 06/01/2016   M   4,875.00 A $ 569.21 5,296 D  
Common Stock 06/01/2016   S (1)   4,875.00 D $ 632.7497 (2) 421 D  
Common Stock               600 I by Father
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) $ 383.73 06/01/2016   M     375.00   (3) 08/15/2023 Common Stock 375 $ 0 1,125 D  
Non-Qualified Stock Option (right to buy) $ 444.09 06/01/2016   M     196.00   (4) 02/18/2024 Common Stock 196 $ 0 1,367 D  
Non-Qualified Stock Option (right to buy) $ 459.14 06/01/2016   M     195.00   (3) 08/15/2024 Common Stock 195 $ 0 1,367 D  
Non-Qualified Stock Option (right to buy) $ 505.23 06/01/2016   M     7,000.00   (4) 02/15/2022 Common Stock 7,000 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 514.00 06/01/2016   M     765.00   (4) 02/17/2025 Common Stock 765 $ 0 1,685 D  
Non-Qualified Stock Option (right to buy) $ 517.31 06/01/2016   M     7,000.00   (3) 08/15/2022 Common Stock 7,000 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 569.21 06/01/2016   M     4,875.00   (5) 02/15/2023 Common Stock 4,875 $ 0 1,125 D  
Explanation of Responses:
1. These shares were sold pursuant to a 10b5-1 trading plan adopted by the reporting person on July 31, 2015.
2. The average selling price for the transactions was $632.749705 The shares sold at: $627.00 - $627.99 = 1,206 shares; $628.00 - $628.99 = 2,770 shares; $629.00 - $629.99 = 424 shares; $630.00 to $630.99 = 640 shares; $631.00 - $631.99 = 1,438 shares; $632.00 - $632.99 = 1,897 shares; $633.00 to $633.99 = 2,499 shares;$634.00 to $634.99 = 3,593 shares;$635.00 to $635.99 = 3,191 shares;$636.00 to $636.99 = 1,676 shares;$637.00 to $637.99 = 306 shares.
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.
4. 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.
5. Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 1/8 six months after the date of grant and 1/48th each month thereafter.
Salvatore J Brogna 06/01/2016
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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