Imran Ahmad - Feb 25, 2023 Form 4 Insider Report for MASCO CORP /DE/ (MAS)

Role
Group President
Signature
Yvette M. VanRiper by Power of Attorney
Stock symbol
MAS
Transactions as of
Feb 25, 2023
Transactions value $
-$440,150
Form type
4
Date filed
2/28/2023, 03:31 PM
Previous filing
Feb 14, 2023
Next filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAS Common Stock Options Exercise $0 +3.51K $0.00 3.51K Feb 25, 2023 Direct F1, F2, F3
transaction MAS Common Stock Options Exercise $0 +3.14K +89.62% $0.00 6.65K Feb 25, 2023 Direct F1, F2, F3
transaction MAS Common Stock Options Exercise $0 +1.74K +26.12% $0.00 8.39K Feb 25, 2023 Direct F1, F2, F3
transaction MAS Common Stock Disposed to Issuer -$440K -8.39K -100% $52.48 0 Feb 25, 2023 Direct F1, F2, F3
holding MAS Common Stock 30 Feb 25, 2023 By Registered Retirement Savings Plan

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 Phantom Restricted Stock Unit Options Exercise $0 -1.74K -100% $0.00* 0 Feb 25, 2023 Common Stock 1.74K Direct F1, F2, F3
transaction MAS Phantom Restricted Stock Unit Options Exercise $0 -3.51K -50% $0.00 3.51K Feb 25, 2023 Common Stock 3.51K Direct F1, F2, F3
transaction MAS Phantom Restricted Stock Unit Options Exercise $0 -3.14K -33.33% $0.00 6.29K Feb 25, 2023 Common Stock 3.14K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit of a Phantom Restricted Stock Unit became convertible into the cash equivalent of the fair market value of one share of Common Stock in three equal annual installments commencing on the annual vesting date of the year following the year of grant. The date exercisable represents the first vesting date for this Phantom Restricted Stock Unit.
F2 Each unit of a Phantom Restricted Stock Unit is the cash equivalent of the fair market value of one share of Common Stock. The unit of Phantom Restricted Stock will be settled in cash upon each applicable annual vesting date.
F3 Represents holdings as of February 25, 2023.