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MASIMO CORP — Director's Dealing 2017
Apr 4, 2017
30755_dirs_2017-04-04_5d97a97a-52f7-48a8-ab05-b84fbff604b0.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: 2017-03-31
Reporting Person: de Raad Mark (EVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-31 | Common Stock | M | 6000 | $37.84 | Acquired | 14660 | Direct |
| 2017-03-31 | Common Stock | S | 6000 | $93.1323 | Disposed | 8660 | Direct |
| 2017-03-31 | Common Stock | M | 12000 | $31.01 | Acquired | 20660 | Direct |
| 2017-03-31 | Common Stock | S | 12000 | $93.135 | Disposed | 8660 | Direct |
| 2017-04-03 | Common Stock | M | 12000 | $21.97 | Acquired | 20660 | Direct |
| 2017-04-03 | Common Stock | S | 12000 | $93.3121 | Disposed | 8660 | Direct |
| 2017-04-04 | Common Stock | M | 18000 | $28.03 | Acquired | 26660 | Direct |
| 2017-04-04 | Common Stock | S | 18000 | $93.3354 | Disposed | 8660 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-31 | Non-Qualified Stock Option (Right to Buy) | $37.84 | M | 6000 | Disposed | 2026-02-28 | Common Stock (6000.0) | Direct |
| 2017-03-31 | Non-Qualified Stock Option (Right to Buy) | $31.01 | M | 12000 | Disposed | 2025-03-20 | Common Stock (12000.0) | Direct |
| 2017-04-03 | Non-Qualified Stock Option (Right to Buy) | $21.97 | M | 12000 | Disposed | 2023-05-28 | Common Stock (12000.0) | Direct |
| 2017-04-04 | Non-Qualified Stock Option (Right to Buy) | $28.03 | M | 18000 | Disposed | 2024-02-18 | Common Stock (18000.0) | 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 March 17, 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 $92.77 per share to a high of $93.48 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 $92.76 per share to a high of $93.50 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 $92.76 per share to a high of $94.67 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: The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $92.94 per share to a high of $93.83 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.
F6: This option was granted on February 29, 2016 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.
F7: This option was granted on March 20, 2015 and is exercisable as the option vests. 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.
F8: This option was granted on May 28, 2013 and is exercisable as the option vests. 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.
F9: This option was granted on February 18, 2014 and is exercisable as the option vests. 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.