MASIMO CORP — Director's Dealing 2019

Dec 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2019-12-17

Reporting Person: McClenahan Thomas Samuel (EVP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-17	Common Stock	M	607	$22.40	Acquired	5607	Direct
2019-12-17	Common Stock	S	607	$159	Disposed	5000	Direct
2019-12-18	Common Stock	M	986	$22.40	Acquired	5986	Direct
2019-12-18	Common Stock	S	986	$159.001	Disposed	5000	Direct
2019-12-19	Common Stock	M	500	$22.40	Acquired	5500	Direct
2019-12-19	Common Stock	S	500	$159.288	Disposed	5000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-17	Non-Qualified Stock Option (Right to Buy)	$22.4	M	607	Disposed	2022-07-31	Common Stock (607.0)	Direct
2019-12-18	Non-Qualified Stock Option (Right to Buy)	$22.4	M	986	Disposed	2022-07-31	Common Stock (986.0)	Direct
2019-12-19	Non-Qualified Stock Option (Right to Buy)	$22.4	M	500	Disposed	2022-07-31	Common Stock (500.0)	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 7, 2019, 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 $159.00 per share to a high of $159.01 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 $159.20 per share to a high of $159.34 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 July 31, 2012 and was exercisable as the option vested. 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.