Tao Levy - 13 Nov 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
15 Nov 2024, 18:05:19 UTC
Prior SEC filing
01 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Micah W. Young, Attorney-In-Fact

Key filing fact

Tao Levy filed Form 4 for MASIMO CORP (MASI) on 15 Nov 2024.

Key facts

  • This page summarizes Tao Levy's Form 4 filing for MASIMO CORP (MASI).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 15 Nov 2024, 18:05.

Change

  • Previous filing in this sequence was filed on 01 Mar 2024.
  • Current net transaction value: -$2,327,869.

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

Options Exercise

Transaction value
$0
Shares
+30,000
Change %
+268%
Price
$0.000000
Shares after
41,208
Date
13 Nov 2024
Ownership
Direct
MASI transaction

Common Stock

Tax liability

Transaction value
$2,327,869
Shares
-14,398
Change %
-35%
Price
$161.68
Shares after
26,810
Date
13 Nov 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

MASI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-30,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
13 Nov 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,000
Exercise price
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

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 F2

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 F3

These RSUs were granted on March 1, 2024.

Footnote F4

On November 13, 2024, in connection with its strategic shift to refocus on its core healthcare business, Masimo Corporation ("the Company") terminated the employment of Tao Levy, the Company's Executive Vice President, Business Development. 100% of the unvested RSUs vested in full upon Mr. Levy's covered termination, as defined by the Masimo Corporation 2017 Equity Incentive Plan Restricted Stock Unit Award Agreement.

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