Russell Thane Tiejema - 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
-$267,107
Form type
4
Filing time
28 Feb 2023, 15:40:20 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 +4,172 +11% $0.000000 40,841 25 Feb 2023 Direct F1
transaction DOOR Common Shares Tax liability $236,835 -2,707 -6.6% $87.49 38,134 27 Feb 2023 Direct F2
transaction DOOR Common Shares Tax liability $30,272 -346 -0.91% $87.49 37,788 25 Feb 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.

Remarks:

Executive Vice President & Chief Financial Officer