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MASIMO CORP Director's Dealing 2017

Jun 30, 2017

30755_dirs_2017-06-29_e6f239ed-cb75-4822-97be-63ef1c0af6ad.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: 2017-06-27

Reporting Person: FITCH SANFORD (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-06-27 Common Stock M 7000 $20.19 Acquired 90249 Direct
2017-06-27 Common Stock S 7000 $92.5808 Disposed 83249 Direct
2017-06-29 Common Stock M 7000 $20.19 Acquired 90249 Direct
2017-06-29 Common Stock S 7000 $91.533 Disposed 83249 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-06-27 Non-Qualified Stock Option (Right to Buy) $20.19 M 7000 Disposed 2021-10-27 Common Stock (7000.0) Direct
2017-06-29 Non-Qualified Stock Option (Right to Buy) $20.19 M 7000 Disposed 2021-10-27 Common Stock (7000.0) 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 $92.15 per share to a high of $93.25 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 $90.18 per share to a high of $93.87 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: 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.