Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MAS | Common Stock | Options Exercise | $620K | +27K | +38.52% | $22.92 | 97.2K | Dec 4, 2023 | Direct | |
transaction | MAS | Common Stock | Sale | -$1.69M | -27K | -27.81% | $62.48 | 70.2K | Dec 4, 2023 | Direct | F1 |
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 | -27K | -100% | 0 | Dec 4, 2023 | Common Stock | 27K | $22.92 | Direct | F2, F3, F4 |
Id | Content |
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F1 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.45 to $62.53, 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 range set forth in this footnote (1) to this Form 4. |
F2 | In connection with the spin-off of TopBuild Corp. by Masco Corporation ("Masco") on June 30, 2015, outstanding stock options granted under the Masco 2014 Long Term Stock Incentive Plan by Masco to all plan participants, including to the reporting person, were adjusted on a value neutral basis to preserve the options' pre-spin intrinsic value. |
F3 | This option became exercisable in five equal annual installments commencing February 11, 2016. |
F4 | Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3. |