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MASIMO CORP — Director's Dealing 2019
Jul 4, 2019
30755_dirs_2019-07-03_e1047a18-7139-4707-a7a3-ac548912e111.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: 2019-07-01
Reporting Person: KIANI JOE E (Director, CEO and Chairman of the Board)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-07-01 | Common Stock | M | 100000 | $30.06 | Acquired | 239241 | Direct |
| 2019-07-01 | Common Stock | S | 100000 | $150.14 | Disposed | 139241 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-07-01 | Non-Qualified Stock Option (Right to Buy) | $30.06 | M | 100000 | Disposed | 2021-02-22 | Common Stock (100000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 229290 | Indirect |
| Common Stock | 550000 | Indirect |
| Common Stock | 352919 | Indirect |
| Common Stock | 359000 | Indirect |
| Common Stock | 2250291 | Indirect |
| Common Stock | 10368 | Indirect |
| Common Stock | 9000 | Indirect |
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 20, 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 $150.67 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: Shares held in four trusts for which Mr. Kiani is not the Trustee.
F4: Shares held in one trust for which Mr. Kiani is the sole trustee.
F5: Shares held in Masimo Retirement Savings Plan.
F6: Shares held by an immediate family member for which Mr. Kiani exercises voting and investment control.
F7: This option was granted on February 22, 2011 and was exercisable as the option vested. The option vested over a five year period, with 20% of the shares subject to the option vesting on each anniversary of the grant date.