MASIMO CORP — Director's Dealing 2018

Sep 12, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2018-09-11

Reporting Person: FITCH SANFORD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-11	Common Stock	M	10000	$21.97	Acquired	65832	Direct
2018-09-11	Common Stock	S	10000	$118.2935	Disposed	55832	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-11	Non-Qualified Stock Option (Right to Buy)	$21.97	M	10000	Disposed	2023-05-28	Common Stock (10000.0)	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 7, 2018 and amended on August 28, 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 $117.03 per share to a high of $119.16 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 May 28, 2013 and is exercisable as the option vests. This option vested over a five year period, with 20% of the shares subject to the option vesting on each anniversary of the grant date.