SEC Form 4 · accession 0000937556-18-000098
MASIMO CORP · MASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Barker
Director
Period of report
May 30, 2018
Accepted (ET)
Jun 1, 2018 · 6:06 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 | May 30, 2018 | M | 10,000 | $27.25 | A | 73,249 | D | |
| Common Stock | May 30, 2018 | S | 10,000 | $100.00 | D | 63,249 | D | |
| Common Stock | May 31, 2018 | M | 1,583 | $99.05 | A | 64,832 | 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 | $27.25 | May 30, 2018 | M | 10,000 | D | Feb 11, 2011 | Feb 11, 2020 | Common Stock | 10,000 | 0 | D |
| Restricted Stock UnitsF3,F4 | — | May 31, 2018 | M | 1,583 | D | May 31, 2018 | Jun 1, 2027 | Common Stock | 1,583 | 0 | D |
| Restricted Stock UnitsF3,F5 | — | May 31, 2018 | A | 1,413 | A | — | May 31, 2028 | Common Stock | 1,413 | 1,413 | 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 23, 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 11, 2010 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.
- F3Each restricted stock unit (RSU) represents the contingent right to receive one share of common stock of the Issuer upon vesting of the RSU.
- F4These RSUs were granted on June 1, 2017 and vested in full on May 31, 2018, the date of the next annual meeting of stockholders following the date of the grant.
- F5These RSUs were granted on May 31, 2018 and will vest in full on the earlier of the first anniversary of the grant date or the date of the next annual meeting of stockholders following the date of the grant.