Keith J. Allman - Feb 13, 2023 Form 4 Insider Report for MASCO CORP /DE/ (MAS)

Role
President and CEO, Director
Signature
Yvette M. VanRiper by Power of Attorney
Stock symbol
MAS
Transactions as of
Feb 13, 2023
Transactions value $
-$6,875,378
Form type
4
Date filed
2/15/2023, 04:24 PM
Previous filing
Feb 13, 2023
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAS Common Stock Award $0 +123K +47.54% $0.00 381K Feb 13, 2023 Direct F1
transaction MAS Common Stock Tax liability -$3.03M -53.5K -14.05% $56.56 327K Feb 13, 2023 Direct
transaction MAS Common Stock Sale -$11.2K -200 -0.06% $56.21 327K Feb 14, 2023 Direct F2, F3
transaction MAS Common Stock Sale -$3.84M -69K -21.1% $55.63 258K Feb 14, 2023 Direct F2, 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 MAS Employee Stock Option Award +144K 144K Feb 13, 2023 Common Stock 144K $56.56 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares reported in this column represent shares awarded in connection with the vesting of performance stock units awarded in 2020, as certified by the Compensation and Talent Committee on February 6, 2023.
F2 This transaction was made pursuant to a 10b5-1 trading plan entered into by the reporting person.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.20 to $56.21, 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 ranges set forth in footnotes (3) and (4) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.20 to $56.19, inclusive.
F5 This option is exercisable in three approximately equal annual installments commencing February 13, 2024.
F6 Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.