AI assistant
MASIMO CORP — Director's Dealing 2024
Mar 2, 2024
30755_dirs_2024-03-01_6b44b29d-04d4-41f7-9981-9794a61657e4.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MASIMO CORP (MASI)
CIK: 0000937556
Period of Report: 2024-02-28
Reporting Person: Levy Tao (EVP, BUS DEV)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-28 | Common Stock | A | 1004 | — | Acquired | 11609 | Direct |
| 2024-02-28 | Common Stock | F | 401 | $128.70 | Disposed | 11208 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-01 | Non-Qualified Stock Option (Right to Buy) | $126.49 | A | 7390 | Acquired | 2034-03-01 | Common Stock (7390) | Direct |
| 2024-03-01 | Restricted Stock Units | $ | A | 30000 | Acquired | Common Stock (30000) | Direct |
Footnotes
F1: On February 26, 2021, the Reporting Person was granted performance restricted stock units which vested on February 28, 2024 based on the Issuer's achievement of certain FY2023 pre-established performance objectives.
F2: The number of shares reported herein reflects the previously unreported withholding by the Issuer of 7,708 shares of the Issuer's common stock in 2021 and 4,926 shares of the Issuer's common stock in 2022, in each case in order to satisfy certain tax withholding obligations in connection with the issuance of shares upon the vesting of certain restricted stock units.
F3: These shares were withheld by the Issuer in order to satisfy certain tax withholding obligations in connection with the issuance of shares upon the vesting of certain performance restricted stock units.
F4: This option was granted on March 1, 2024 and is exercisable as the option vests. The option vests over a five year period, with 20% of the shares subject to the option vesting on each anniversary of the grant date.
F5: Each restricted stock unit (RSU) represents the contingent right to receive one share of common stock of the Issuer upon vesting of the RSU.
F6: On March 1, 2024, the Reporting Person was granted 30,000 restricted stock units, 50% of which will vest on March 1, 2025 and 50% of which will vest on March 1, 2026.