MASIMO CORP — Director's Dealing 2021

Jan 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2021-01-07

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
2021-01-07	Common Stock	S	1542	$280.0476	Disposed	145539	Indirect
2021-01-08	Common Stock	S	52698	$281.927	Disposed	92841	Indirect
2021-01-11	Common Stock	S	9034	$280.4475	Disposed	83807	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	179241	Direct
Common Stock	632209	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 November 12, 2020, which is intended to comply with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934.

F2: The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $280.00 per share to a high of $280.21 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: On January 8, 2021, 100,000 shares were transferred between two trusts for which Mr. Kiani is not the Trustee.

F4: Shares held in four trusts for which Mr. Kiani is not the Trustee.

F5: The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $280.00 per share to a high of $284.86 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.

F6: The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $280.00 per share to a high of $283.75 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.

F7: Shares held in one trust for which Mr. Kiani is the sole Trustee.

F8: Shares held in Masimo Retirement Savings Plan.

F9: Shares held by an immediate family member for which Mr. Kiani exercises voting and investment control.