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MASIMO CORP Director's Dealing 2017

Dec 5, 2017

30755_dirs_2017-12-04_9949ab49-74cc-4d96-a6c5-17060a7ecc89.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: 2017-11-30

Reporting Person: Lee Yongsam (EVP & CIO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-11-30 Common Stock M 1800 $27.25 Acquired 70800 Direct
2017-11-30 Common Stock S 1800 $89.2306 Disposed 69000 Direct
2017-12-01 Common Stock M 5900 $27.25 Acquired 74900 Direct
2017-12-01 Common Stock S 5900 $88.3101 Disposed 69000 Direct
2017-12-04 Common Stock M 10498 $27.25 Acquired 79498 Direct
2017-12-04 Common Stock S 10498 $89.0828 Disposed 69000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-11-30 Non-Qualified Stock Option (Right to Buy) $27.25 M 1800 Disposed 2020-02-11 Common Stock (1800.0) Direct
2017-12-01 Non-Qualified Stock Option (Right to Buy) $27.25 M 5900 Disposed 2020-02-11 Common Stock (5900.0) Direct
2017-12-04 Non-Qualified Stock Option (Right to Buy) $27.25 M 10498 Disposed 2020-02-11 Common Stock (10498.0) Direct

Footnotes

F1: The shares covered by this Form 4 were exercised and sold pursuant to a Rule 10b5-1 Sales Plan dated as of August 21, 2017, which is intended to comply with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.

F2: The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $89.00 per share to a high of $89.53 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $88.00 per share to a high of $89.06 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4: The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $88.23 per share to a high of $90.07 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F5: This option was granted on February 11, 2010 and is exercisable as the option vests. The option vests over a five year period, with 20% of the shares subject to the option vesting on each anniversary of the grant date.