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MASIMO CORP — Director's Dealing 2020
Apr 24, 2020
30755_dirs_2020-04-24_003cb55e-8bda-477c-a350-a05b52ec946f.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: 2020-04-22
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 |
|---|---|---|---|---|---|---|---|
| 2020-04-22 | Common Stock | M | 11336 | $21.97 | Acquired | 170577 | Direct |
| 2020-04-22 | Common Stock | S | 11336 | $200.2691 | Disposed | 159241 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-04-22 | Non-Qualified Stock Option (Right to Buy) | $21.97 | M | 11336 | Disposed | 2023-05-28 | Common Stock (11336.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 47081 | Indirect |
| Common Stock | 732209 | 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 February 24, 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 sales price per share. The actual sales prices ranged from a low of $200.00 per share to a high of $200.72 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 May 28, 2013 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.