Tao Levy - 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, 21:38:42 UTC
Prior SEC filing
07 Mar 2023
Next SEC filing
15 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: /s/ Micah Young, Attorney-in-Fact

Key filing fact

Tao Levy filed Form 4 for MASIMO CORP (MASI) on 01 Mar 2024.

Key facts

  • This page summarizes Tao Levy's Form 4 filing for MASIMO CORP (MASI).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 01 Mar 2024, 21:38.

Change

  • Previous filing in this sequence was filed on 07 Mar 2023.
  • Current net transaction value: -$51,609.

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 %
+9.5%
Price
$0.000000
Shares after
11,609
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1, F2
MASI transaction

Common Stock

Tax liability

Transaction value
$51,609
Shares
-401
Change %
-3.5%
Price
$128.70
Shares after
11,208
Date
28 Feb 2024
Ownership
Direct
Footnotes
F3

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
+7,390
Change %
Price
$0.000000
Shares after
7,390
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,390
Exercise price
$126.49
Footnotes
F4
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
F5, 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

The number of shares reported herein reflects the previously unreported withholding by the Issuer of 7,708 shares of the Issuer's common stock in 2021 and 4,926 shares of the Issuer's common stock in 2022, in each case in order to satisfy certain tax withholding obligations in connection with the issuance of shares upon the vesting of certain restricted stock units.

Footnote F3

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 F4

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 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.

Footnote F6

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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