MASIMO CORP — Director's Dealing 2019

Jun 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2019-06-18

Reporting Person: Lee Yongsam (EVP & CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-18	Common Stock	M	2728	$20.19	Acquired	75728	Direct
2019-06-18	Common Stock	S	2728	$145.98	Disposed	73000	Direct
2019-06-19	Common Stock	M	1000	$20.19	Acquired	74000	Direct
2019-06-19	Common Stock	S	1000	$145.49	Disposed	73000	Direct
2019-06-20	Common Stock	M	2272	$20.19	Acquired	75272	Direct
2019-06-20	Common Stock	S	2272	$147.13	Disposed	73000	Direct
2019-06-20	Common Stock	M	3035	$21.97	Acquired	76035	Direct
2019-06-20	Common Stock	S	3035	$147.13	Disposed	73000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-18	Non-Qualified Stock Option (Right to Buy)	$20.19	M	2728	Disposed	2021-10-27	Common Stock (2728.0)	Direct
2019-06-19	Non-Qualified Stock Option (Right to Buy)	$20.19	M	1000	Disposed	2021-10-27	Common Stock (1000.0)	Direct
2019-06-20	Non-Qualified Stock Option (Right to Buy)	$20.19	M	2272	Disposed	2021-10-27	Common Stock (2272.0)	Direct
2019-06-20	Non-Qualified Stock Option (Right to Buy)	$21.97	M	3035	Disposed	2023-05-28	Common Stock (3035.0)	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 $145.09 per share to a high of $146.79 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 $145.10 per share to a high of $145.74 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 $145.79 per share to a high of $148.52 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 October 27, 2011 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.

F6: 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.