SEC Form 4 · accession 0000937556-15-000152
MASIMO CORP · MASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joe E Kiani
Officer — CEO and Chairman of the Board · Director
Period of report
Nov 4, 2015
Accepted (ET)
Nov 5, 2015 · 5:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000937556
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Nov 4, 2015 | A | 2,700,000 | A | — | — | Common Stock | 2,700,000 | 2,700,000 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) represents the contingent right to receive one share of common stock of the Issuer upon vesting of the RSU.
- F2Each RSU will vest as of immediately prior to the Issuer's termination of the Reporting Person's employment with the Issuer other than for death, disability or cause, or the Reporting Person's termination of his employment with the Issuer for good reason; provided that 270,000 RSUs (as adjusted for stock splits, stock dividends, recapitalizations and similar transactions) will terminate without the payment of any consideration to the Reporting Person, to the extent then unvested, on January 1 of each year, beginning on January 1, 2018.