MASIMO CORP — Director's Dealing 2019

Jul 15, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2019-07-11

Reporting Person: Lee Yongsam (EVP & CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-11	Common Stock	M	5339	$21.97	Acquired	78339	Direct
2019-07-11	Common Stock	S	5339	$151.3295	Disposed	73000	Direct
2019-07-12	Common Stock	M	5989	$21.97	Acquired	78989	Direct
2019-07-12	Common Stock	S	5989	$151.8345	Disposed	73000	Direct
2019-07-15	Common Stock	M	1172	$21.97	Acquired	74172	Direct
2019-07-15	Common Stock	S	1172	$153.9773	Disposed	73000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-11	Non-Qualified Stock Option (Right to Buy)	$21.97	M	5339	Disposed	2023-05-28	Common Stock (5339.0)	Direct
2019-07-12	Non-Qualified Stock Option (Right to Buy)	$21.97	M	5989	Disposed	2023-05-28	Common Stock (5989.0)	Direct
2019-07-15	Non-Qualified Stock Option (Right to Buy)	$21.97	M	1172	Disposed	2023-05-28	Common Stock (1172.0)	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 $149.19 per share to a high of $152.705 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 $150.56 per share to a high of $153.15 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: The price reported in Column 4 represents the weighted average sales price per share. The actual sales prices ranged from a low of $151.80 per share to a high of $154.905 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.

F5: This option was granted on May 28, 2013 and is exercisable as it 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.