SEC Form 4 · accession 0000937556-18-000063
MASIMO CORP · MASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yongsam Lee
Officer — EVP & CIO
Period of report
Apr 23, 2018
Accepted (ET)
Apr 25, 2018 · 7:43 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 23, 2018 | M | 1,200 | $30.06 | A | 72,200 | D | |
| Common StockF2 | Apr 23, 2018 | S | 1,200 | $90.0508 | D | 71,000 | D | |
| Common Stock | Apr 24, 2018 | M | 2,900 | $30.06 | A | 73,900 | D | |
| Common StockF3 | Apr 24, 2018 | S | 2,900 | $90.1666 | D | 71,000 | 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)F4 | $30.06 | Apr 23, 2018 | M | 1,200 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 1,200 | 8,700 | D |
| Non-Qualified Stock Option (Right to Buy)F4 | $30.06 | Apr 24, 2018 | M | 2,900 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 2,900 | 5,800 | 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 sales price per share. The actual sales prices ranged from a low of $90.00 per share to a high of $90.19 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 sales price per share. The actual sales prices ranged from a low of $90.00 per share to a high of $90.43 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 February 22, 2011 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.