MASIMO CORP — Director's Dealing 2020

Feb 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2020-02-04

Reporting Person: McClenahan Thomas Samuel (EVP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-04	Common Stock	M	1200	$19.72	Acquired	7464	Direct
2020-02-04	Common Stock	S	1200	$176.0104	Disposed	6264	Direct
2020-02-05	Common Stock	M	7477	$19.72	Acquired	13741	Direct
2020-02-05	Common Stock	S	7477	$176.504	Disposed	6264	Direct
2020-02-06	Common Stock	M	1323	$19.72	Acquired	7587	Direct
2020-02-06	Common Stock	S	1323	$176.0399	Disposed	6264	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-04	Non-Qualified Stock Option (Right to Buy)	$19.72	M	1200	Disposed	2023-04-25	Common Stock (1200.0)	Direct
2020-02-05	Non-Qualified Stock Option (Right to Buy)	$19.72	M	7477	Disposed	2023-04-25	Common Stock (7477.0)	Direct
2020-02-06	Non-Qualified Stock Option (Right to Buy)	$19.72	M	1323	Disposed	2023-04-25	Common Stock (1323.0)	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 $176.0000 per share to a high of $176.0250 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 $176.0150 per share to a high of $177.5100 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 sale price per share. The actual sale prices ranged from a low of $176.0000 per share to a high of $176.0900 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 April 25, 2013 and was exercisable as the option 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.