Joe E. Kiani - 28 Feb 2024 Form 4 Insider Report for MASIMO CORP (MASI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Mar 2024, 21:35:09 UTC
Prior SEC filing
30 May 2023
Next SEC filing
12 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: /s/ Micah Young, Attorney-in-Fact

Key filing fact

Joe E. Kiani filed Form 4 for MASIMO CORP (MASI) on 01 Mar 2024.

Key facts

  • This page summarizes Joe E. Kiani's Form 4 filing for MASIMO CORP (MASI).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 01 Mar 2024, 21:35.

Change

  • Previous filing in this sequence was filed on 30 May 2023.
  • Current net transaction value: -$505,662.

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
+10,050
Change %
+2.7%
Price
$0.000000
Shares after
376,105
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1
MASI transaction

Common Stock

Tax liability

Transaction value
$505,662
Shares
-3,929
Change %
-1%
Price
$128.70
Shares after
372,176
Date
28 Feb 2024
Ownership
Direct
Footnotes
F2
MASI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
46,818
Date
28 Feb 2024
Ownership
By Trust
Footnotes
F3
MASI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
352,919
Date
28 Feb 2024
Ownership
By Trust
Footnotes
F3
MASI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
359,000
Date
28 Feb 2024
Ownership
By Trust
Footnotes
F3
MASI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,250,291
Date
28 Feb 2024
Ownership
By Trust
Footnotes
F4
MASI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,366
Date
28 Feb 2024
Ownership
See Footnote
Footnotes
F5
MASI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
51,735
Date
28 Feb 2024
Ownership
By Spouse

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
+57,382
Change %
Price
$0.000000
Shares after
57,382
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
57,382
Exercise price
$126.49
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 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

Shares held in three trusts for which Mr. Kiani is the sole Trustee.

Footnote F4

Shares held in one trust for which Mr. Kiani is the sole trustee.

Footnote F5

Shares held in Masimo Retirement Savings Plan.

Footnote F6

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.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .