Joe E. Kiani - 22 Feb 2022 Form 4 Insider Report for MASIMO CORP (MASI)

Role: CEO and Chairman of the Board, Director
Signature: /s/ Micah Young, Attorney-In-Fact
Issuer symbol: MASI
Transactions as of: 22 Feb 2022
Net transactions value: +$10,022,216
Form type: 4
Filing time: 24 Feb 2022, 16:29:30 UTC
Previous filing: 14 Feb 2023
Next filing: 15 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MASI	Common Stock						427,656	22 Feb 2022	Direct
holding	MASI	Common Stock						512,613	22 Feb 2022	By Trust	F1
holding	MASI	Common Stock						352,919	22 Feb 2022	By Trust	F1
holding	MASI	Common Stock						359,000	22 Feb 2022	By Trust	F1
holding	MASI	Common Stock						2,250,291	22 Feb 2022	By Trust	F2
holding	MASI	Common Stock						10,366	22 Feb 2022	See Footnote	F3
holding	MASI	Common Stock						9,000	22 Feb 2022	See Footnote	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MASI	Non-Qualified Stock Option (Right to Buy)	Award	$10,022,216	+63,621		$157.53	63,621	22 Feb 2022	Common Stock	63,621	$157.53	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares held in three trusts for which Mr. Kiani is not the trustee.
F2	Shares held in one trust for which Mr. Kiani is the sole trustee.
F3	Shares held in Masimo Retirement Savings Plan.
F4	Shares held by an immediate family member for which Mr. Kiani exercises voting and investment control.
F5	This option was granted on February 22, 2022 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.