Imran Ahmad - Jul 14, 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
Jul 14, 2023
Transactions value $
-$143,952
Form type
4
Date filed
12/19/2023, 04:45 PM
Previous filing
Feb 28, 2023
Next filing
Jan 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAS Common Stock Options Exercise $0 +2.4K $0.00 2.4K Jul 14, 2023 Direct F1, F2, F3
transaction MAS Common Stock Disposed to Issuer -$144K -2.4K -100% $59.98 0 Jul 14, 2023 Direct F1, F2, F3
holding MAS Common Stock 30 Jul 14, 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 -2.4K -100% $0.00* 0 Jul 14, 2023 Common Stock 2.4K 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 five 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 July 14, 2023.