Bilal Muhsin - 10 Mar 2025 Form 4 Insider Report for MASIMO CORP (MASI)

Signature
/s/ Micah W. Young, Attorney-In-Fact
Issuer symbol
MASI
Transactions as of
10 Mar 2025
Net transactions value
-$5,024,585
Form type
4
Filing time
12 Mar 2025, 20:05:51 UTC
Previous filing
04 Mar 2025
Next filing
14 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MASI Common Stock Options Exercise $1,135,200 +30,000 +124% $37.84 54,172 10 Mar 2025 Direct F1
transaction MASI Common Stock Sale $391,872 -2,400 -4.4% $163.28 51,772 10 Mar 2025 Direct F1, F2
transaction MASI Common Stock Sale $649,983 -3,935 -7.6% $165.18 47,837 10 Mar 2025 Direct F1, F3
transaction MASI Common Stock Sale $1,674,745 -10,087 -21% $166.03 37,750 10 Mar 2025 Direct F1, F4
transaction MASI Common Stock Sale $239,396 -1,436 -3.8% $166.71 36,314 10 Mar 2025 Direct F1, F5
transaction MASI Common Stock Sale $285,549 -1,700 -4.7% $167.97 34,614 10 Mar 2025 Direct F1
transaction MASI Common Stock Sale $298,261 -1,761 -5.1% $169.37 32,853 10 Mar 2025 Direct F1
transaction MASI Common Stock Sale $1,190,040 -6,965 -21% $170.86 25,888 10 Mar 2025 Direct F1, F6
transaction MASI Common Stock Sale $294,740 -1,716 -6.6% $171.76 24,172 10 Mar 2025 Direct F1, F7

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 Non-Qualified Stock Option (Right to Buy) Options Exercise $1,135,200 -30,000 -100% $37.84 0 10 Mar 2025 Common Stock 30,000 $37.84 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sales were effected in transactions intended to satisfy the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended.
F2 The price reported in Column 4 represents the weighted average purchase price per share. The actual sale prices ranged from a low of $162.99 per share to a high of $163.80 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 transactions were effected.
F3 The price reported in Column 4 represents the weighted average purchase price per share. The actual sale prices ranged from a low of $164.62 per share to a high of $165.61 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 transactions were effected.
F4 The price reported in Column 4 represents the weighted average purchase price per share. The actual sale prices ranged from a low of $165.62 per share to a high of $166.61 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 transactions were effected.
F5 The price reported in Column 4 represents the weighted average purchase price per share. The actual sale prices ranged from a low of $166.62 per share to a high of $166.89 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 transactions were effected.
F6 The price reported in Column 4 represents the weighted average purchase price per share. The actual sale prices ranged from a low of $170.47 per share to a high of $171.43 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 transactions were effected.
F7 The price reported in Column 4 represents the weighted average purchase price per share. The actual sale prices ranged from a low of $171.47 per share to a high of $172.46 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 transactions were effected.
F8 This option was granted on February 29, 2016 and was exercisable as the option vested. 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.