JOE E. KIANI - 02 Jan 2022 Form 4 Insider Report for MASIMO CORP (MASI)

Role
CEO and Chairman of the Board, Director
Signature
/s/ Micah Young, Attorney-In-Fact
Issuer symbol
MASI
Transactions as of
02 Jan 2022
Transactions value $
-$3,092,050
Form type
4
Filing time
04 Jan 2022, 15:26:25 UTC
Previous filing
14 Feb 2022
Next filing
14 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MASI Common Stock Options Exercise $0 +20K +6.15% $0.00 345K 02 Jan 2022 Direct
transaction MASI Common Stock Tax liability -$3.09M -10.6K -3.06% $292.78 335K 02 Jan 2022 Direct
holding MASI Common Stock 513K 02 Jan 2022 By Trust F1
holding MASI Common Stock 353K 02 Jan 2022 By Trust F1
holding MASI Common Stock 359K 02 Jan 2022 By Trust F1
holding MASI Common Stock 2.25M 02 Jan 2022 By Trust F2
holding MASI Common Stock 10.4K 02 Jan 2022 See Footnote F3
holding MASI Common Stock 9K 02 Jan 2022 See Footnote F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MASI Restricted Stock Units Options Exercise $0 -20K -50% $0.00 20K 02 Jan 2022 Common Stock 20K Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held in four trusts for which Mr. Kiani is not the Trustee.
F2 Shares held in one trust for which Mr. Kiani is the sole trustee.
F3 Shares held in Masimo Retirement Savings Plan.
F4 Shares held by an immediate family member for which Mr. Kiani exercises voting and investment control.
F5 Each restricted stock unit (RSU) represents the contingent right to receive one share of common stock of the Issuer upon vesting of the RSU.
F6 On February 27, 2018, the Reporting Person was granted 100,000 restricted stock units, 20% of which were vested upon grant and 20% of which will vest on the first business day of each fiscal year thereafter.