MASIMO CORP — Director's Dealing 2019

Sep 18, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2019-09-16

Reporting Person: Young Micah W (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-16	Common Stock	M	10000	$84.97	Acquired	10000	Direct
2019-09-16	Common Stock	S	10000	$150.0199	Disposed	0	Direct
2019-09-16	Common Stock	M	2087	$86.95	Acquired	2087	Direct
2019-09-16	Common Stock	S	2087	$150.0199	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-16	Non-Qualified Stock Option (Right to Buy)	$84.97	M	10000	Disposed	2027-10-16	Common Stock (10000.0)	Direct
2019-09-16	Non-Qualified Stock Option (Right to Buy)	$86.95	M	2087	Disposed	2028-03-16	Common Stock (2087.0)	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 sales price per share. The actual sales prices ranged from a low of $150.00 per share to a high of $150.10 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 October 16, 2017 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 March 16, 2018 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.