MASIMO CORP — Director's Dealing 2019

Jun 28, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2019-06-25

Reporting Person: Lee Yongsam (EVP & CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-25	Common Stock	M	736	$21.97	Acquired	73736	Direct
2019-06-25	Common Stock	S	736	$145.33	Disposed	73000	Direct
2019-06-26	Common Stock	M	100	$21.97	Acquired	73100	Direct
2019-06-26	Common Stock	S	100	$145.01	Disposed	73000	Direct
2019-06-27	Common Stock	M	258	$21.97	Acquired	73258	Direct
2019-06-27	Common Stock	S	258	$145	Disposed	73000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-25	Non-Qualified Stock Option (Right to Buy)	$21.97	M	736	Disposed	2023-05-28	Common Stock (736.0)	Direct
2019-06-26	Non-Qualified Stock Option (Right to Buy)	$21.97	M	100	Disposed	2023-05-28	Common Stock (100.0)	Direct
2019-06-27	Non-Qualified Stock Option (Right to Buy)	$21.97	M	258	Disposed	2023-05-28	Common Stock (258.0)	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 $145.00 per share to a high of $145.80 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 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.