MASIMO CORP — Director's Dealing 2019

Aug 14, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2019-08-12

Reporting Person: Lee Yongsam (EVP & CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-12	Common Stock	M	3857	$21.97	Acquired	76857	Direct
2019-08-12	Common Stock	S	3857	$153.345	Disposed	73000	Direct
2019-08-13	Common Stock	M	1143	$21.97	Acquired	74143	Direct
2019-08-13	Common Stock	S	1143	$153.6216	Disposed	73000	Direct
2019-08-13	Common Stock	M	3838	$28.03	Acquired	76838	Direct
2019-08-13	Common Stock	S	3838	$153.6216	Disposed	73000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-12	Non-Qualified Stock Option (Right to Buy)	$21.97	M	3857	Disposed	2023-05-28	Common Stock (3857.0)	Direct
2019-08-13	Non-Qualified Stock Option (Right to Buy)	$21.97	M	1143	Disposed	2023-05-28	Common Stock (1143.0)	Direct
2019-08-13	Non-Qualified Stock Option (Right to Buy)	$28.03	M	3838	Disposed	2024-02-18	Common Stock (3838.0)	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 May 23, 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 $151.965 per share to a high of $154.565 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 $151.94 per share to a high of $155.06 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 May 28, 2013 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.

F5: This option was granted on February 18, 2014 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.