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

Role
Group President
Signature
Yvette M. VanRiper by Power of Attorney
Issuer symbol
MAS
Transactions as of
25 Feb 2023
Net transactions value
-$440,150
Form type
4
Filing time
28 Feb 2023, 15:31:33 UTC
Previous filing
14 Feb 2023
Next filing
19 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAS Common Stock Options Exercise $0 +3,507 $0.000000 3,507 25 Feb 2023 Direct F1, F2, F3
transaction MAS Common Stock Options Exercise $0 +3,143 +90% $0.000000 6,650 25 Feb 2023 Direct F1, F2, F3
transaction MAS Common Stock Options Exercise $0 +1,737 +26% $0.000000 8,387 25 Feb 2023 Direct F1, F2, F3
transaction MAS Common Stock Disposed to Issuer $440,150 -8,387 -100% $52.48 0 25 Feb 2023 Direct F1, F2, F3
holding MAS Common Stock 30 25 Feb 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 -1,737 -100% $0.000000* 0 25 Feb 2023 Common Stock 1,737 Direct F1, F2, F3
transaction MAS Phantom Restricted Stock Unit Options Exercise $0 -3,507 -50% $0.000000 3,507 25 Feb 2023 Common Stock 3,507 Direct F1, F2, F3
transaction MAS Phantom Restricted Stock Unit Options Exercise $0 -3,143 -33% $0.000000 6,287 25 Feb 2023 Common Stock 3,143 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.