Form Type: 4

Accession Number:0000937556-20-000159
Original Submission Date:

Reporting Person:


Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-10-07 M 52,492 a $28.03 211,733 direct
COMMON STOCK 2020-10-07 S 52,492 d $250.87 159,241 direct
COMMON STOCK 0 $0.00 47,081 indirect f3
COMMON STOCK 0 $0.00 732,209 indirect f3
COMMON STOCK 0 $0.00 352,919 indirect f3
COMMON STOCK 0 $0.00 359,000 indirect f3
COMMON STOCK 0 $0.00 2,250,291 indirect f4
COMMON STOCK 0 $0.00 10,368 indirect f5
COMMON STOCK 0 $0.00 9,000 indirect f6
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 28.03 2020-10-07 deemed execution date M 52,492 (d) 2015-02-18 2024-02-18 common stock 52,492 $28.03 247,508 direct
f1 the shares covered by this form 4 were exercised and sold pursuant to a rule 10b5-1 sales plan dated as of may 6, 2020, which is intended to comply with rule 10b5-1 promulgated under the securities exchange act of 1934.
f2 the price reported in column 4 represents the weighted average sale price per share. the actual sale prices ranged from a low of $250.00 per share to a high of $254.00 per share. the reporting person hereby undertakes to provide upon request to the sec staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
f3 shares held in four trusts for which mr. kiani is not the trustee.
f4 shares held in one trust for which mr. kiani is the sole trustee.
f5 shares held in masimo retirement savings plan.
f6 shares held by an immediate family member for which mr. kiani exercises voting and investment control.
f7 this option was granted on february 18, 2014 and is exercisable as the option vests. this option vested over a five year period, with 20% of the shares subject to the option vesting on each anniversary of the grant date.

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