Fortune Brands Innovations, Inc. - 14 Dec 2022 Form 4 Insider Report for MasterBrand, Inc. (MBC)

Role
10%+ Owner
Signature
/s/ Angela M. Pla, Assistant Secretary
Issuer symbol
MBC
Transactions as of
14 Dec 2022
Net transactions value
$0
Form type
4
Filing time
14 Dec 2022, 20:29:10 UTC
Previous filing
30 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBC Common Stock, par value $0.01 per share Other $0 -128,028,583 -100% $0.000000* 0 14 Dec 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Fortune Brands Innovations, Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the separation of the Issuer from the reporting person, effective December 14, 2022 (the "Spin-Off"), the reporting person effected a pro-rata distribution to its shareholders of record on December 2, 2022, of 128,028,583 shares of the Issuer's common stock (the "Distribution"). As a result of the Distribution, the reporting person no longer owns any shares of the Issuer's common stock.
F2 Reflects the adjustment to the par value of the Issuer's common stock.
F3 Reflects the subdivision of the shares of Issuer's common stock effected immediately prior to the Distribution.