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MASIMO CORP Director's Dealing 2018

Apr 30, 2018

30755_dirs_2018-04-30_00853244-e3d9-4f80-bf93-75d34d453880.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: 2018-04-26

Reporting Person: Lee Yongsam (EVP & CIO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-04-26 Common Stock M 2975 $30.06 Acquired 73975 Direct
2018-04-26 Common Stock S 2975 $90.4053 Disposed 71000 Direct
2018-04-27 Common Stock M 2825 $30.06 Acquired 73825 Direct
2018-04-27 Common Stock S 2825 $90.7599 Disposed 71000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-04-26 Non-Qualified Stock Option (Right to Buy) $30.06 M 2975 Disposed 2021-02-22 Common Stock (2975.0) Direct
2018-04-27 Non-Qualified Stock Option (Right to Buy) $30.06 M 2825 Disposed 2021-02-22 Common Stock (2825.0) 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 August 21, 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 sales price per share. The actual sales prices ranged from a low of $90.00 per share to a high of $90.73 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 sales price per share. The actual sales prices ranged from a low of $90.08 per share to a high of $91.41 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 vests over a five year period, with 20% of the shares subject to the option vesting on each anniversary of the grant date.