SEC Form 4 · accession 0000937556-16-000426
MASIMO CORP · MASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Samuel McClenahan
Officer — EVP & GENERAL COUNSEL
Period of report
Dec 6, 2016
Accepted (ET)
Dec 7, 2016 · 6:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000937556
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 6, 2016 | M | 4,000 | $22.40 | A | 4,000 | D | |
| Common Stock | Dec 6, 2016 | S | 4,000 | $63.00 | D | 0 | D | |
| Common Stock | Dec 6, 2016 | M | 3,707 | $19.72 | A | 3,707 | D | |
| Common Stock | Dec 6, 2016 | S$0 | 3,707 | $0.00 | D | 0 | D | |
| Common Stock | Dec 7, 2016 | M | 2,293 | $19.72 | A | 2,293 | D | |
| Common Stock | Dec 7, 2016 | S | 2,293 | $63.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F2 | $22.40 | Dec 6, 2016 | M | 4,000 | D | Jul 31, 2013 | Jul 31, 2022 | Common Stock | 4,000 | 4,000 | D |
| Non-Qualified Stock Option (Right to Buy)F3 | $19.72 | Dec 6, 2016 | M | 3,707 | D | Apr 25, 2014 | Apr 25, 2023 | Common Stock | 3,707 | 36,293 | D |
| Non-Qualified Stock Option (Right to Buy)F3 | $19.72 | Dec 7, 2016 | M | 2,293 | D | Apr 25, 2014 | Apr 25, 2023 | Common Stock | 2,293 | 34,000 | D |
Explanation of responses
- F1The shares covered by this Form 4 were sold pursuant to a Rule 10b5-1 Sales Plan dated as of September 12, 2016, which is intended to comply with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
- F2This option was granted on July 31, 2012 and is exercisable as the option vests. This option vests over a five year period, with 20% of the shares subject to the option vesting on each anniversary of the grant date.
- F3This option was granted on April 25, 2013 and is exercisable as the option vests. This option vests over a five year period, with 20% of the shares subject to the option vesting on each anniversary of the grant date.