Russell Thane Tiejema - Feb 25, 2023 Form 4 Insider Report for MASONITE INTERNATIONAL CORP (DOOR)

Signature
/s/ James C. Pelletier, as attorney-in-fact
Stock symbol
DOOR
Transactions as of
Feb 25, 2023
Transactions value $
-$267,107
Form type
4
Date filed
2/28/2023, 03:40 PM
Previous filing
Feb 28, 2023
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOOR Common Shares Award $0 +4.17K +11.38% $0.00 40.8K Feb 25, 2023 Direct F1
transaction DOOR Common Shares Tax liability -$237K -2.71K -6.63% $87.49 38.1K Feb 27, 2023 Direct F2
transaction DOOR Common Shares Tax liability -$30.3K -346 -0.91% $87.49 37.8K Feb 25, 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