Randal Alan White - 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 $
-$154,821
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 +2.44K +11.75% $0.00 23.2K Feb 25, 2023 Direct F1, F2
transaction DOOR Common Shares Tax liability -$155K -1.75K -7.56% $88.52 21.4K Feb 27, 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 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $88.31 to $88.86, 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, Global Operations & Supply Chain