SEC Form 4 · accession 0000937556-17-000065
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
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 5:18 pm EDT
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 31, 2017 | M | 6,000 | $37.84 | A | 14,660 | D | |
| Common StockF2 | Mar 31, 2017 | S | 6,000 | $93.1323 | D | 8,660 | D | |
| Common Stock | Mar 31, 2017 | M | 12,000 | $31.01 | A | 20,660 | D | |
| Common StockF3 | Mar 31, 2017 | S | 12,000 | $93.135 | D | 8,660 | D | |
| Common Stock | Apr 3, 2017 | M | 12,000 | $21.97 | A | 20,660 | D | |
| Common StockF4 | Apr 3, 2017 | S | 12,000 | $93.3121 | D | 8,660 | D | |
| Common Stock | Apr 4, 2017 | M | 18,000 | $28.03 | A | 26,660 | D | |
| Common StockF5 | Apr 4, 2017 | S | 18,000 | $93.3354 | D | 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)F6 | $37.84 | Mar 31, 2017 | M | 6,000 | D | Feb 28, 2017 | Feb 28, 2026 | Common Stock | 6,000 | 24,000 | D |
| Non-Qualified Stock Option (Right to Buy)F7 | $31.01 | Mar 31, 2017 | M | 12,000 | D | Mar 20, 2016 | Mar 20, 2025 | Common Stock | 12,000 | 18,000 | D |
| Non-Qualified Stock Option (Right to Buy)F8 | $21.97 | Apr 3, 2017 | M | 12,000 | D | May 28, 2014 | May 28, 2023 | Common Stock | 12,000 | 12,000 | D |
| Non-Qualified Stock Option (Right to Buy)F9 | $28.03 | Apr 4, 2017 | M | 18,000 | D | Feb 18, 2015 | Feb 18, 2024 | Common Stock | 18,000 | 12,000 | D |
Explanation of responses
- F1The shares covered by this Form 4 were exercised and sold pursuant to a Rule 10b5-1 Sales Plan dated as of March 17, 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 $92.77 per share to a high of $93.48 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 $92.76 per share to a high of $93.50 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 $92.76 per share to a high of $94.67 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.
- F5The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $92.94 per share to a high of $93.83 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.
- F6This option was granted on February 29, 2016 and is exercisable as the option vests. The 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 March 20, 2015 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 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.
- F9This option was granted on February 18, 2014 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.