Goldman Sachs Group Inc - Jan 23, 2023 Form 4 Insider Report for MasterBrand, Inc. (MBC)

Role
10%+ Owner
Signature
/s/ Jamison Yardley, Attorney-in-fact
Stock symbol
MBC
Transactions as of
Jan 23, 2023
Transactions value $
$905
Form type
4
Date filed
1/25/2023, 08:49 PM
Previous filing
Jan 25, 2023
Next filing
Jan 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction MBC Common Stock -Sell -$197 -23 0% $8.55 15,778,624 Jan 23, 2023 See Footnotes F1, F2, F3
transaction MBC Common Stock -Sell -$300 -35 0% $8.58 15,778,589 Jan 23, 2023 See Footnotes F1, F2, F3
transaction MBC Common Stock -Sell -$51 -6 0% $8.54 15,778,583 Jan 23, 2023 See Footnotes F1, F2, F3
transaction MBC Common Stock +Buy $206 +24 +0% $8.57 15,778,607 Jan 23, 2023 See Footnotes F1, F2, F3
transaction MBC Common Stock +Buy $854 +100 +0% $8.54 15,778,707 Jan 23, 2023 See Footnotes F1, F2, F3
transaction MBC Common Stock +Buy $4,291 +500 +0% $8.58 15,779,207 Jan 23, 2023 See Footnotes F1, F2, F3
transaction MBC Common Stock +Buy $2,562 +300 +0% $8.54 15,779,507 Jan 23, 2023 See Footnotes F1, F2, F3
transaction MBC Common Stock -Sell -$5,040 -587 0% $8.59 15,778,920 Jan 23, 2023 See Footnotes F1, F2, F3
transaction MBC Common Stock +Buy $3,893 +463 +0% $8.41 15,779,383 Jan 23, 2023 See Footnotes F1, F2, F3
transaction MBC Common Stock +Buy $803 +94 +0% $8.54 15,779,477 Jan 23, 2023 See Footnotes F1, F2, F3
transaction MBC Common Stock -Sell -$4,106 -477 0% $8.61 15,779,000 Jan 23, 2023 See Footnotes F1, F2, F3
transaction MBC Common Stock -Sell -$51 -6 0% $8.54 15,778,994 Jan 23, 2023 See Footnotes F1, F2, F3
transaction MBC Common Stock -Sell -$1,958 -228 0% $8.59 15,778,766 Jan 23, 2023 See Footnotes F1, F2, F3

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 MBC Equity Swap +Buy +7,120 +13.18% 61,158 Jan 23, 2023 Common Stock 7,120 See Footnote F1, F2, F3, F4
transaction MBC Equity Swap +Buy +8,029 8,029 Jan 23, 2023 Common Stock 8,029 See Footnote F1, F2, F3, F5

Explanation of Responses:

Id Content
F1 The amount of profit recoverable by the Issuer from the reported transactions will be remitted to the Issuer.
F2 This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC. ("Goldman Sachs" and, together with GS Group, the "Reporting Persons"). Goldman Sachs is a wholly-owned subsidiary of GS Group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein. On January 24, 2023, the Reporting Persons ceased to be a greater than 10% beneficial owner of the Issuer's Common Stock.
F3 GS Group may be deemed to beneficially own indirectly the Common Stock by reason of Goldman Sachs' direct beneficial ownership.
F4 Goldman Sachs entered into an equity swap agreement which, upon the termination of the agreement on January 17, 2033, Goldman Sachs will pay to the counterparty any decrease in the price of the Common Stock below $8.552896 per share and the counterparty will pay to Goldman Sachs any increase in the price of the Common Stock above $8.552896 per share, in each case, based on a notional amount of 7,120 shares of Common Stock.
F5 Goldman Sachs entered into an equity swap agreement which, upon the termination of the agreement on January 24, 2033, Goldman Sachs will pay to the counterparty any decrease in the price of the Common Stock below $8.552896 per share and the counterparty will pay to Goldman Sachs any increase in the price of the Common Stock above $8.552896 per share, in each case, based on a notional amount of 8,029 shares of Common Stock.