SEC Form 4 · accession 0000937556-17-000053
MASIMO CORP · MASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark de Raad
Officer — EVP & Chief Financial Officer
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 4:51 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 | Feb 15, 2017 | M | 15,000 | $27.25 | A | 17,660 | D | |
| Common Stock | Feb 15, 2017 | S | 15,000 | $77.50 | D | 2,660 | D | |
| Common Stock | Feb 15, 2017 | M | 15,000 | $30.06 | A | 17,660 | D | |
| Common Stock | Feb 15, 2017 | S | 15,000 | $80.00 | D | 2,660 | D | |
| Common Stock | Feb 17, 2017 | M | 15,000 | $30.06 | A | 17,660 | D | |
| Common Stock | Feb 17, 2017 | S | 15,000 | $82.50 | D | 2,660 | 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 | $27.25 | Feb 15, 2017 | M | 15,000 | D | Feb 11, 2011 | Feb 11, 2020 | Common Stock | 15,000 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F3 | $30.06 | Feb 15, 2017 | M | 15,000 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 15,000 | 15,000 | D |
| Non-Qualified Stock Option (Right to Buy)F3 | $30.06 | Feb 17, 2017 | M | 15,000 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1The shares covered by this Form 4 were sold pursuant to a Rule 10b5-1 Sales Plan dated as of December 16, 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 February 11, 2010 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 February 22, 2011 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.