Robert Paxton - 25 Feb 2023 Form 4 Insider Report for MASONITE INTERNATIONAL CORP

Signature
/s/ James C. Pelletier, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
25 Feb 2023
Net transactions value
-$144,320
Form type
4
Filing time
28 Feb 2023, 15:39:52 UTC
Previous filing
28 Feb 2023
Next filing
01 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOOR Common Shares Award $0 +2,268 +13% $0.000000 19,566 25 Feb 2023 Direct F1, F2
transaction DOOR Common Shares Tax liability $144,320 -1,630 -8.3% $88.54 17,936 27 Feb 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The performance-based restricted stock units were previously granted on February 25, 2020 and were subject to the achievement of certain pre-established financial metrics based on the results for fiscal year 2022. On February 27, 2023, 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.
F3 Shares sold by the Reporting Person to cover tax withholding obligations arising from the delivery of shares in connection with the settlement of vested Restricted Stock Units and Performance Restricted Stock Units.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $88.31 to $88.87, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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 above.

Remarks:

Senior Vice President, Human Resources