SEC Form 4 · accession 0000937556-17-000075
MASIMO CORP · MASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Barker
Director
Period of report
Apr 19, 2017
Accepted (ET)
Apr 21, 2017 · 4:30 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 | Apr 19, 2017 | M | 10,000 | $23.98 | A | 70,000 | D | |
| Common Stock | Apr 19, 2017 | S | 10,000 | $95.00 | D | 60,000 | D | |
| Common Stock | Apr 20, 2017 | M | 3,249 | $97.39 | A | 63,249 | 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 | $23.98 | Apr 19, 2017 | M | 10,000 | D | Jan 1, 2010 | Jan 1, 2019 | Common Stock | 10,000 | 10,000 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Apr 20, 2017 | M | 3,249 | D | Apr 20, 2017 | Apr 20, 2026 | Common Stock | 3,249 | 0 | 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 10, 2017, which is intended to comply with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
- F2This option was granted on January 11, 2009 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.
- F3Each restricted stock unit (RSU) represents the contingent right to receive one share of common stock of the Issuer upon vesting of the RSU.
- F4These RSUs were granted on April 20, 2016 and are exercisable as they vest. These RSUs vest on the earlier of the one-year anniversary of the date of grant or the date of the next annual meeting of stockholders.