SEC Form 4 · accession 0000937556-17-000224
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 30, 2017
Accepted (ET)
Dec 4, 2017 · 6:46 pm EST
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 30, 2017 | M | 1,800 | $27.25 | A | 70,800 | D | |
| Common StockF2 | Nov 30, 2017 | S | 1,800 | $89.2306 | D | 69,000 | D | |
| Common Stock | Dec 1, 2017 | M | 5,900 | $27.25 | A | 74,900 | D | |
| Common StockF3 | Dec 1, 2017 | S | 5,900 | $88.3101 | D | 69,000 | D | |
| Common Stock | Dec 4, 2017 | M | 10,498 | $27.25 | A | 79,498 | D | |
| Common StockF4 | Dec 4, 2017 | S | 10,498 | $89.0828 | 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)F5 | $27.25 | Nov 30, 2017 | M | 1,800 | D | Feb 11, 2011 | Feb 11, 2020 | Common Stock | 1,800 | 19,124 | D |
| Non-Qualified Stock Option (Right to Buy)F5 | $27.25 | Dec 1, 2017 | M | 5,900 | D | Feb 11, 2011 | Feb 11, 2020 | Common Stock | 5,900 | 13,224 | D |
| Non-Qualified Stock Option (Right to Buy)F5 | $27.25 | Dec 4, 2017 | M | 10,498 | D | Feb 11, 2011 | Feb 11, 2020 | Common Stock | 10,498 | 2,726 | 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 $89.00 per share to a high of $89.53 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 $88.00 per share to a high of $89.06 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 $88.23 per share to a high of $90.07 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.
- F5This option was granted on February 11, 2010 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.