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MASIMO CORP Director's Dealing 2017

Feb 17, 2017

30755_dirs_2017-02-17_817eecd6-3a4b-4d4d-b615-12271628930a.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: 2017-02-15

Reporting Person: Fishel Rick (Pres, WW OEM Business...)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-02-15 Common Stock M 15000 $30.06 Acquired 35022 Direct
2017-02-15 Common Stock S 15000 $79.9039 Disposed 20022 Direct
2017-02-15 Common Stock M 15000 $30.06 Acquired 35022 Direct
2017-02-15 Common Stock S 15000 $79.9017 Disposed 20022 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-02-15 Non-Qualified Stock Option (Right to Buy) $30.06 M 15000 Disposed 2021-02-22 Common Stock (15000.0) Direct
2017-02-15 Non-Qualified Stock Option (Right to Buy) $30.06 M 15000 Disposed 2021-02-22 Common Stock (15000.0) Direct

Footnotes

F1: The shares covered by this Form 4 were sold pursuant to a Rule 10b5-1 Sales Plan dated as of December 13, 2016, 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 $77.40 per share to a high of $80.50 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.

F3: The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $77.40 per share to a high of $80.32 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 February 22, 2011 and is exercisable as the option vests. The option vested over a 5 year period, with 20% of the shares subject to the option vesting on each anniversary of the grant date.