SEC Form 4 · accession 0000937556-17-000089
MASIMO CORP · MASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Samuel McClenahan
Officer — EVP & GENERAL COUNSEL
Period of report
Apr 28, 2017
Accepted (ET)
May 1, 2017 · 4:29 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 28, 2017 | M | 2,000 | $28.03 | A | 2,000 | D | |
| Common Stock | Apr 28, 2017 | S | 2,000 | $102.75 | D | 0 | D | |
| Common Stock | Apr 28, 2017 | M | 6,000 | $31.01 | A | 6,000 | D | |
| Common Stock | Apr 28, 2017 | S | 6,000 | $102.75 | D | 0 | 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 | $28.03 | Apr 28, 2017 | M | 2,000 | D | Feb 18, 2015 | Feb 18, 2024 | Common Stock | 2,000 | 12,000 | D |
| Non-Qualified Stock Option (Right to Buy)F3 | $31.01 | Apr 28, 2017 | M | 6,000 | D | Mar 20, 2016 | Mar 20, 2025 | Common Stock | 6,000 | 24,000 | 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 15, 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 February 18, 2014 and was exercisable as the option vested. 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.
- F3This option was granted on March 30, 2015 and was exercisable as the option vested. 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.