MASIMO CORP — Director's Dealing 2020

Oct 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2020-10-12

Reporting Person: REYNOLDS CRAIG B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-12	Common Stock	M	10000	$23.04	Acquired	14300	Direct
2020-10-12	Common Stock	S	10000	$239.34	Disposed	4300	Direct
2020-10-12	Common Stock	M	10000	$23.04	Acquired	14300	Direct
2020-10-12	Common Stock	S	10000	$240.87	Disposed	4300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-12	Non-Qualified Stock Option (Right to Buy)	$23.04	M	10000	Disposed	2024-05-05	Common Stock (10000.0)	Direct
2020-10-12	Non-Qualified Stock Option (Right to Buy)	$23.04	M	10000	Disposed	2024-05-05	Common Stock (10000.0)	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 September 11, 2020, 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 sale price per share. The actual sale prices ranged from a low of $239.16 per share to a high of $239.34 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 sale price per share. The actual sale prices ranged from a low of $239.34 per share to a high of $243.39 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 5, 2014 and is exercisable as the option vests. 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.