Thomas Samuel McClenahan - 28 Feb 2024 Form 4 Insider Report for MASIMO CORP (MASI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
01 Mar 2024, 21:16:36 UTC
Prior SEC filing
07 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Micah Young, Attorney-In-Fact

Key filing fact

Thomas Samuel McClenahan filed Form 4 for MASIMO CORP (MASI) on 01 Mar 2024.

Key facts

  • This page summarizes Thomas Samuel McClenahan's Form 4 filing for MASIMO CORP (MASI).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 01 Mar 2024, 21:16.

Change

  • Previous filing in this sequence was filed on 07 Mar 2023.
  • Current net transaction value: -$50,708.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MASI transaction

Common Stock

Award

Transaction value
$0
Shares
+1,004
Change %
+2.8%
Price
$0.000000
Shares after
37,141
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1
MASI transaction

Common Stock

Tax liability

Transaction value
$50,708
Shares
-394
Change %
-1.1%
Price
$128.70
Shares after
36,747
Date
28 Feb 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MASI transaction Derivative

Non-Qualified Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+11,954
Change %
Price
$0.000000
Shares after
11,954
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,954
Exercise price
$126.49
Footnotes
F3
MASI transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+30,000
Change %
Price
$0.000000
Shares after
30,000
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,000
Exercise price
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

On February 26, 2021, the Reporting Person was granted performance restricted stock units which vested on February 28, 2024 based on the Issuer's achievement of certain FY2023 pre-established performance objectives.

Footnote F2

These shares were withheld by the Issuer in order to satisfy certain tax withholding obligations in connection with the issuance of shares upon the vesting of certain performance restricted stock units.

Footnote F3

This option was granted on March 1, 2024 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.

Footnote F4

Each restricted stock unit (RSU) represents the contingent right to receive one share of common stock of the Issuer upon vesting of the RSU.

Footnote F5

On March 1, 2024, the Reporting Person was granted 30,000 restricted stock units, 50% of which will vest on March 1, 2025 and 50% of which will vest on March 1, 2026.

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