Home/Filings/4/0001104659-24-030169
4//SEC Filing

Levy Tao 4

Accession 0001104659-24-030169

CIK 0000937556other

Filed

Feb 29, 7:00 PM ET

Accepted

Mar 1, 9:38 PM ET

Size

12.0 KB

Accession

0001104659-24-030169

Insider Transaction Report

Form 4
Period: 2024-02-28
Levy Tao
EVP, BUS DEV
Transactions
  • Award

    Common Stock

    2024-02-28+1,00411,609 total
  • Tax Payment

    Common Stock

    2024-02-28$128.70/sh401$51,60911,208 total
  • Award

    Non-Qualified Stock Option (Right to Buy)

    2024-03-01+7,3907,390 total
    Exercise: $126.49Exp: 2034-03-01Common Stock (7,390 underlying)
  • Award

    Restricted Stock Units

    2024-03-01+30,00030,000 total
    Common Stock (30,000 underlying)
Footnotes (6)
  • [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.
  • [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.
  • [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.
  • [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.
  • [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.
  • [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.

Issuer

MASIMO CORP

CIK 0000937556

Entity typeother

Related Parties

1
  • filerCIK 0001726857

Filing Metadata

Form type
4
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 9:38 PM ET
Size
12.0 KB