MASIMO CORP — Director's Dealing 2020

Apr 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2020-04-14

Reporting Person: McClenahan Thomas Samuel (EVP, GEN COUNSEL & CORP SEC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-14	Common Stock	M	3000	$19.72	Acquired	9264	Direct
2020-04-14	Common Stock	S	3000	$191	Disposed	6264	Direct
2020-04-14	Common Stock	M	7000	$28.03	Acquired	13264	Direct
2020-04-14	Common Stock	S	7000	$191.009	Disposed	6264	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-14	Non-Qualified Stock Option (Right to Buy)	$19.72	M	3000	Disposed	2023-04-25	Common Stock (3000.0)	Direct
2020-04-14	Non-Qualified Stock Option (Right to Buy)	$28.03	M	7000	Disposed	2024-02-18	Common Stock (7000.0)	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 August 7, 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 sale price per share. The actual sale prices ranged from a low of $191.00 per share to a high of $191.1050 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 April, 25 2013 and is exercisable as the option vests. 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.

F4: This option was granted on February 18, 2014 and is exercisable as the option vests. 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.