Russell Thane Tiejema - 25 Feb 2022 Form 4 Insider Report for MASONITE INTERNATIONAL CORP

Role
Executive Vice President and Chief Financial Officer
Signature
/s/ Robert E. Lewis, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
25 Feb 2022
Net transactions value
-$623,904
Form type
4
Filing time
28 Feb 2022, 15:16:38 UTC
Previous filing
25 Feb 2022
Next filing
24 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOOR Common Shares Tax liability $116,452 -1,264 -3.7% $92.13 32,994 25 Feb 2022 Direct F1
transaction DOOR Common Shares Tax liability $78,310 -850 -2.6% $92.13 32,144 25 Feb 2022 Direct F1
transaction DOOR Common Shares Tax liability $59,884 -650 -2% $92.13 31,494 25 Feb 2022 Direct F1
transaction DOOR Common Shares Award $0 +9,909 +31% $0.000000 41,403 25 Feb 2022 Direct F2, F3
transaction DOOR Common Shares Tax liability $369,257 -4,008 -9.7% $92.13 37,395 25 Feb 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the Issuer to cover tax withholding obligations arising from the delivery of shares in connection with the settlement of vested Restricted Stock Units.
F2 The date of the transaction represents the date on which the financial performance criteria of a previously granted performance-based restricted stock units were determined to have been satisfied.
F3 The performance-based restricted stock units were previously granted on February 25, 2019 and were subject to the achievement of certain pre-established financial metrics based on the results for fiscal year 2021. On February 25, 2022, the Compensation Committee of the Issuer's Board of Directors certified the performance metrics and determined the number of performance-based restricted stock units that were earned.
F4 Shares withheld by the Issuer to cover tax withholding obligations arising from the delivery of shares in connection with the settlement of vested Performance Restricted Stock Units.

Remarks:

Executive Vice President and Chief Financial Officer