Kenneth G. Cole - Feb 22, 2024 Form 4 Insider Report for MASCO CORP /DE/ (MAS)

Role
VP, General Counsel and Sec.
Signature
Yvette M. VanRiper by Power of Attorney
Stock symbol
MAS
Transactions as of
Feb 22, 2024
Transactions value $
-$2,320,289
Form type
4
Date filed
2/26/2024, 04:39 PM
Previous filing
Feb 21, 2024
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAS Common Stock Options Exercise $383K +15K +18.73% $25.51 95.1K Feb 22, 2024 Direct
transaction MAS Common Stock Sale -$1.12M -15K -15.77% $74.62 80.1K Feb 22, 2024 Direct F1
transaction MAS Common Stock Sale -$1.58M -21.2K -26.48% $74.66 58.9K Feb 22, 2024 Direct F2

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 -15K -44.44% 18.8K Feb 22, 2024 Common Stock 15K $25.51 Direct F3, F4
* 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 $74.60 to $74.69, 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 footnote (1) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.65 to $74.72, 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 (2) to this Form 4.
F3 This option became exercisable in five equal annual installments commencing February 10, 2017.
F4 Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.