MASIMO CORP — Director's Dealing 2017

Jul 13, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2017-07-13

Reporting Person: FITCH SANFORD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-07-13	Common Stock	M	6000	$20.19	Acquired	89249	Direct
2017-07-13	Common Stock	S	6000	$91.8921	Disposed	83249	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-07-13	Non-Qualified Stock Option (Right to Buy)	$20.19	M	6000	Disposed	2021-10-27	Common Stock (6000.0)	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 June 6, 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 $91.18 per share to a high of $92.60 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: This option was granted on October 27, 2011 and is exercisable as it vested. This option vests over a five year period, with 20% of the shares subject to the option vesting on each anniversary of the grant date.