SEC Form 4 · accession 0000937556-17-000157
MASIMO CORP · MASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sanford Fitch
Director
Period of report
Jun 27, 2017
Accepted (ET)
Jun 29, 2017 · 7:20 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 | Jun 27, 2017 | M | 7,000 | $20.19 | A | 90,249 | D | |
| Common StockF2 | Jun 27, 2017 | S | 7,000 | $92.5808 | D | 83,249 | D | |
| Common Stock | Jun 29, 2017 | M | 7,000 | $20.19 | A | 90,249 | D | |
| Common StockF3 | Jun 29, 2017 | S | 7,000 | $91.533 | D | 83,249 | 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)F4 | $20.19 | Jun 27, 2017 | M | 7,000 | D | Oct 27, 2012 | Oct 27, 2021 | Common Stock | 7,000 | 14,000 | D |
| Non-Qualified Stock Option (Right to Buy)F4 | $20.19 | Jun 29, 2017 | M | 7,000 | D | Oct 27, 2012 | Oct 27, 2021 | Common Stock | 7,000 | 6,000 | 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 June 6, 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 $92.15 per share to a high of $93.25 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 $90.18 per share to a high of $93.87 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.
- F4This option was granted on October 27, 2011 and is exercisable as it vested. 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.