SEC Form 4 · accession 0000937556-17-000218
MASIMO CORP · MASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yongsam Lee
Officer — EVP & CIO
Period of report
Nov 1, 2017
Accepted (ET)
Nov 3, 2017 · 4:37 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 | Nov 1, 2017 | M | 5,000 | $30.79 | A | 74,000 | D | |
| Common StockF2 | Nov 1, 2017 | S | 5,000 | $89.8909 | D | 69,000 | 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)F3 | $30.79 | Nov 1, 2017 | M | 5,000 | D | Feb 7, 2009 | Feb 7, 2018 | Common Stock | 5,000 | 5,000 | 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 August 21, 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 $89.02 per share to a high of $90.68 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.
- F3This option was granted on February 7, 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.