John G. Sznewajs - May 3, 2023 Form 4 Insider Report for MASCO CORP /DE/ (MAS)

Role
VP and CFO
Signature
Yvette M. VanRiper by Power of Attorney
Stock symbol
MAS
Transactions as of
May 3, 2023
Transactions value $
-$1,965,198
Form type
4
Date filed
5/4/2023, 04:58 PM
Previous filing
Feb 28, 2023
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAS Common Stock Options Exercise $1.75M +68.8K +36.61% $25.51 257K May 3, 2023 Direct
transaction MAS Common Stock Sale -$3.72M -68.8K -26.8% $54.09 188K May 3, 2023 Direct F1

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 -68.8K -100% 0 May 3, 2023 Common Stock 68.8K $25.51 Direct F2, F3
* 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 $54.00 to $54.27 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 footnote (1) to this Form 4.
F2 This option became exercisable in five equal annual installments commencing February 10, 2017.
F3 Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.