Imran Ahmad - Jan 14, 2024 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
Jan 14, 2024
Transactions value $
-$112,223
Form type
4
Date filed
1/16/2024, 04:22 PM
Previous filing
Dec 19, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAS Common Stock Options Exercise $0 +1.67K $0.00 1.67K Jan 14, 2024 Direct F1, F2, F3
transaction MAS Common Stock Disposed to Issuer -$112K -1.67K -100% $67.28 0 Jan 14, 2024 Direct F1, F2, F3
holding MAS Common Stock 30 Jan 14, 2024 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 -1.67K -100% $0.00* 0 Jan 14, 2024 Common Stock 1.67K 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 January 14, 2024.