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MASIMO CORP Director's Dealing 2018

Sep 25, 2018

30755_dirs_2018-09-24_ba90fed5-f154-4923-b9cc-17efefad5804.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: 2018-09-24

Reporting Person: Van Ramshorst David J (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-09-24 Common Stock M 1325 $29.33 Acquired 2325 Direct
2018-09-24 Common Stock S 1325 $122.56 Disposed 1000 Direct
2018-09-24 Common Stock M 1000 $85.54 Acquired 2000 Direct
2018-09-24 Common Stock S 1000 $123.1696 Disposed 1000 Direct
2018-09-24 Common Stock M 350 $29.33 Acquired 1350 Direct
2018-09-24 Common Stock S 350 $123.1696 Disposed 1000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-09-24 Non-Qualified Stock Option (Right to Buy) $29.33 M 1325 Disposed 2023-12-30 Common Stock (1325.0) Direct
2018-09-24 Non-Qualified Stock Option (Right to Buy) $85.54 M 1000 Disposed 2027-08-14 Common Stock (1000.0) Direct
2018-09-24 Non-Qualified Stock Option (Right to Buy) $29.33 M 350 Disposed 2023-12-30 Common Stock (350.0) 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 September 5, 2018, 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 sales price per share. The actual sales prices ranged from a low of $122.58 per share to a high of $123.86 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 December 30, 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.

F4: This option was granted on August 14, 2017 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.