Filing Details

Accession Number:
0000937556-20-000187
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-10 17:15:37
Reporting Period:
2020-12-08
Accepted Time:
2020-12-10 17:15:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
937556 Masimo Corp MASI Electromedical & Electrotherapeutic Apparatus (3845) 330368882
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1228621 E Joe Kiani C/O Masimo Corporation
52 Discovery
Irvine CA 92618
Ceo And Chairman Of The Board Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-12-08 55,971 $28.03 215,212 No 4 M Direct
Common Stock Disposition 2020-12-08 55,971 $270.68 159,241 No 4 S Direct
Common Stock Acquisiton 2020-12-09 1,365 $28.03 160,606 No 4 M Direct
Common Stock Disposition 2020-12-09 1,365 $270.33 159,241 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2020-12-08 55,971 $28.03 55,971 $28.03
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2020-12-09 1,365 $28.03 1,365 $28.03
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
44,029 2015-02-18 2024-02-18 No 4 M Direct
42,664 2015-02-18 2024-02-18 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 47,081 Indirect By Trust
Common Stock 732,209 Indirect By Trust
Common Stock 352,919 Indirect By Trust
Common Stock 359,000 Indirect By Trust
Common Stock 2,250,291 Indirect By Trust
Common Stock 10,368 Indirect See Footnote
Common Stock 9,000 Indirect See Footnote
Footnotes
  1. The shares covered by this Form 4 were exercised and sold pursuant to a Rule 10b5-1 Sales Plan dated as of May 6, 2020, which is intended to comply with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934.
  2. The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $270.00 per share to a high of $272.09 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.
  3. The price reported in Column 4 represents the weighted average sale price per share. The actual sale prices ranged from a low of $270.00 per share to a high of $271.00 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.
  4. Shares held in four trusts for which Mr. Kiani is not the Trustee.
  5. Shares held in one trust for which Mr. Kiani is the sole trustee.
  6. Shares held in Masimo Retirement Savings Plan.
  7. Shares held by an immediate family member for which Mr. Kiani exercises voting and investment control.
  8. This option was granted on February 18, 2014 and is exercisable as the option vests. This option vested over a five year period, with 20% of the shares subject to the option vesting on each anniversary of the grant date.