SEC Form 4 · accession 0000937556-17-000055
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 21, 2017
Accepted (ET)
Feb 23, 2017 · 5:21 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 21, 2017 | M | 15,000 | $20.19 | A | 17,660 | D | |
| Common Stock | Feb 21, 2017 | S | 15,000 | $85.00 | D | 2,660 | D | |
| Common Stock | Feb 22, 2017 | M | 5,297 | $20.19 | A | 7,957 | D | |
| Common Stock | Feb 22, 2017 | S | 5,297 | $87.50 | D | 2,660 | D | |
| Common Stock | Feb 23, 2017 | M | 9,703 | $20.19 | A | 12,363 | D | |
| Common Stock | Feb 23, 2017 | S | 9,703 | $87.50 | D | 2,660 | D | |
| Common Stock | Feb 23, 2017 | M | 6,000 | $21.97 | A | 8,660 | 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 | $20.19 | Feb 21, 2017 | M | 15,000 | D | Oct 27, 2012 | Oct 27, 2021 | Common Stock | 15,000 | 15,000 | D |
| Non-Qualified Stock Option (Right to Buy)F2 | $20.19 | Feb 22, 2017 | M | 5,297 | D | Oct 27, 2012 | Oct 27, 2021 | Common Stock | 5,297 | 9,703 | D |
| Non-Qualified Stock Option (Right to Buy)F2 | $20.19 | Feb 23, 2017 | M | 9,703 | D | Oct 27, 2012 | Oct 27, 2021 | Common Stock | 9,703 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F3 | $21.97 | Feb 23, 2017 | M | 6,000 | D | May 28, 2014 | May 28, 2023 | Common Stock | 6,000 | 24,000 | D |
Explanation of responses
- F1The shares covered by this Form 4 were sold pursuant to a Rule 10b5-1 Sales Plan dated as of 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 October 27, 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.
- F3This option was granted on May 28, 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.