Renee Straber - Jul 28, 2023 Form 4 Insider Report for MASCO CORP /DE/ (MAS)

Role
VP - Chief HR Officer
Signature
Yvette M. VanRiper by Power of Attorney
Stock symbol
MAS
Transactions as of
Jul 28, 2023
Transactions value $
-$1,864,886
Form type
4
Date filed
8/1/2023, 05:17 PM
Previous filing
Feb 28, 2023
Next filing
Jan 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAS Common Stock Options Exercise $654K +25.6K +53.87% $25.51 73.2K Jul 28, 2023 Direct
transaction MAS Common Stock Sale -$1.57M -25.6K -35.01% $61.14 47.6K Jul 28, 2023 Direct F1
transaction MAS Common Stock Sale -$952K -15.6K -32.74% $61.11 32K Jul 28, 2023 Direct F2

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 MAS Employee Stock Option Options Exercise -25.6K -100% 0 Jul 28, 2023 Common Stock 25.6K $25.51 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.12 to $61.19, inclusive. The reporting person undertakes to provide to Masco Corporation, any security holder of Masco Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.10 to $61.17, inclusive. The reporting person undertakes to provide to Masco Corporation, any security holder of Masco Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
F3 This option became exercisable in five equal annual installments of 5,125 shares commencing February 10, 2017.
F4 Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transaction exempt under Rule 16b-3.