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MASIMO CORP — Director's Dealing 2015
Nov 5, 2015
30755_dirs_2015-11-05_7634e487-be49-4e60-88b9-a7a3c0d02f83.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2015-11-04
Reporting Person: KIANI JOE E (Director, CEO and Chairman of the Board)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-04 | Restricted Stock Units | $ | A | 2700000 | Acquired | Common Stock (2700000.0) | Direct |
Footnotes
F1: Each restricted stock unit (RSU) represents the contingent right to receive one share of common stock of the Issuer upon vesting of the RSU.
F2: Each RSU will vest as of immediately prior to the Issuer's termination of the Reporting Person's employment with the Issuer other than for death, disability or cause, or the Reporting Person's termination of his employment with the Issuer for good reason; provided that 270,000 RSUs (as adjusted for stock splits, stock dividends, recapitalizations and similar transactions) will terminate without the payment of any consideration to the Reporting Person, to the extent then unvested, on January 1 of each year, beginning on January 1, 2018.