SEC Form 4 · accession 0000937556-17-000058
MASIMO CORP · MASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Jansen
Officer — EVP, Bus Dev
Period of report
Mar 8, 2017
Accepted (ET)
Mar 10, 2017 · 5:33 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 | Mar 8, 2017 | M | 3,611 | $25.46 | A | 10,000 | D | |
| Common StockF2 | Mar 8, 2017 | S | 3,611 | $94.3327 | D | 6,389 | D | |
| Common Stock | Mar 8, 2017 | M | 10,000 | $30.06 | A | 16,389 | D | |
| Common StockF3 | Mar 8, 2017 | S | 10,000 | $94.3315 | D | 6,389 | D | |
| Common Stock | Mar 8, 2017 | M | 10,000 | $30.06 | A | 16,389 | D | |
| Common StockF4 | Mar 8, 2017 | S | 10,000 | $94.33 | D | 6,389 | D | |
| Common Stock | Mar 8, 2017 | M | 20,000 | $20.19 | A | 26,389 | D | |
| Common StockF3 | Mar 8, 2017 | S | 20,000 | $94.3365 | D | 6,389 | D | |
| Common Stock | Mar 10, 2017 | M | 12,000 | $19.90 | A | 18,389 | D | |
| Common Stock | Mar 10, 2017 | S | 12,000 | $94.98 | D | 6,389 | 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)F5 | $25.46 | Mar 8, 2017 | M | 3,611 | D | Apr 17, 2009 | Apr 17, 2018 | Common Stock | 3,611 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F6 | $30.06 | Mar 8, 2017 | M | 10,000 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 10,000 | 10,000 | D |
| Non-Qualified Stock Option (Right to Buy)F6 | $30.06 | Mar 8, 2017 | M | 10,000 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 10,000 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F7 | $20.19 | Mar 8, 2017 | M | 20,000 | D | Oct 27, 2012 | Oct 27, 2021 | Common Stock | 20,000 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F8 | $19.90 | Mar 10, 2017 | M | 12,000 | D | Mar 15, 2014 | Mar 15, 2023 | Common Stock | 12,000 | 8,000 | D |
Explanation of responses
- F1The shares covered by this Form 4 were sold pursuant to a Rule 10b5-1 Sales Plan dated as of February 22, 2017, which is intended to comply with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
- F2The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $94.12 per share to a high of $94.62 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $94.06 per share to a high of $94.69 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $94.03 per share to a high of $94.69 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5This option was granted on April 17, 2008 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.
- F6This 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.
- F7This 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.
- F8This option was granted on March 15, 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.