Masimo Corp Files Definitive Additional Proxy Materials

TL;DR

Masimo Corp dropped more proxy docs, check 'em.

AI Summary

Masimo Corporation filed definitive additional materials on July 11, 2024, related to its proxy statement. The filing is a DEFA14A, indicating it's a definitive proxy statement amendment or additional material. Masimo Corporation, headquartered in Irvine, CA, operates in the electromedical and electrotherapeutic apparatus industry.

Why It Matters

This filing provides updated or supplementary information to shareholders regarding Masimo Corporation's proxy statement, which is crucial for upcoming shareholder votes and corporate governance decisions.

Risk Assessment

Risk Level: low — This filing is routine administrative material for a proxy statement and does not contain new financial information or strategic changes that would inherently increase risk.

Key Players & Entities

• MASIMO CORP (company) — Registrant
• 0001213900-24-060640.txt (document) — Filing document name
• 20240711 (date) — Filing date
• 949-297-7000 (phone_number) — Business phone number

FAQ

Filing Documents

• ea0209242-defa14a_masimo.htm (DEFA14A) — 51KB
• image_001.jpg (GRAPHIC) — 3KB
• 0001213900-24-060640.txt ( ) — 56KB

From the Filing

ADDITIONAL MATERIALS UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to §240.14a-12 MASIMO CORPORATION (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. On July 11, 2024, Masimo Corporation (“Masimo” or the “Company”) issued the following press release in connection with Masimo’s 2024 Annual Meeting of Stockholders: Masimo Exposes Politan’s Governance Hypocrisy Highlights Quentin Koffey’s Actions That Have Flown in the Face of Good Governance IRVINE, Calif. – July 11, 2024 – Masimo Corporation(“Masimo” or the “Company”) (NASDAQ: MASI) today highlighted the actions taken by Politan and Quentin Koffey since Masimo’s 2023 Annual Meeting of Stockholders that directly contradict their purported commitment to good governance. Over the past twelve months, we believe Politan’s Quentin Koffey has repeatedly acted against the best interests of Masimo and its stockholders. The summary provided below shows stockholders and the public the numerous actions Politan has taken to advance its own agenda at the expense of Masimo’s governance and stockholder value. We encourage all our stockholders to vote FOR Joe Kiani and Christopher Chavez using the GOLD proxy card to protect Masimo’s future and the value of your investment. Find more information on why your vote is so important at www.ProtectMasimosFuture.com. Politan Waged a 2023 Proxy War Against Masimo Under the Guise of Promoting Good Governance… …Yet over the last 12 months, in direct contradiction to his promises, Quentin Koffey has… × rejected all efforts to expand the Board and enhance oversight, including offers to add Politan’s own nominees × refused to fulfill even the most basic director responsibilities, including signing the 2023 Annual Report and approving earnings releases × deceived the Special Committee he chaired, and we believe subsequently lied to investors about the true reasons for his failure × proposed Masimo disenfranchise shareholders by having the CEO and the Lead Independent Director “swap” classes for this election, violating core principles of good governance and Delaware law simply to make his own proxy contest less difficult × repeatedly confirmed Politan’s nominees would vote as a bloc, ensuring a deadlocked Board and demonstrating their lack of independence and commitment to Politan’s agenda over shareholder interests × sought to override a possible shareholder vote against Mr. Kiani by reappointing him to the Board, actively repudiating the wishes of the shareholders × pushed for unqualified board members, including a supposed financial expert whose questionable track record includes investing in a Ponzi scheme × formally requested the Board invalidate a properly-noticed record date to disenfranchise a large shareholder who had voted against Politan’s slate (and, by extension, any other holders voting against the Politan slate) 1 Politan’s self-righteousness is not a “commitment” to good governance – it is a commitment to advancing its own agenda by any means available YOUR VOTE IS IMPORTANT—PLEASE USE THE GOLD PROXY CARD TODAY! Simply follow the easy instructions on the enclosed GOLD proxy card to vote by internet or by signing, dating, and returning the GOLD proxy card in the postage-paid envelope provided. If you received this letter by email, you may also vote by pressing the “VOTE NOW” button in the accompanying email. If you have questions about how to vote your shares, please call the firm assisting us with the solicitation of proxies, Innisfree M&A Incorporated, at: +1 (877) 456-3463 (toll-free from the U.S. and Canada) or +1 (412) 232-3651 (from other locations) If you hold your shares in more than one account, you will receive separate notifications. Please be sure to vote ALL your accounts using the

View Full Filing

View this DEFA14A filing on SEC EDGAR