Kurt Wanninger - 07 May 2023 Form 3 Insider Report for MasterBrand, Inc. (MBC)

Role
EVP & Chief Operations Officer
Signature
Andrean R. Horton, attorney-in-fact for Kurt Wanninger
Issuer symbol
MBC
Transactions as of
07 May 2023
Net transactions value
$0
Form type
3
Filing time
17 May 2023, 15:31:06 UTC
Next filing
05 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MBC Common Stock, par value $0.01 per share 235,141 07 May 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MBC Stock option (right to buy) 07 May 2023 Common Stock, par value $0.01 per share 14,791 $5.94 Direct F2
holding MBC Stock option (right to buy) 07 May 2023 Common Stock, par value $0.01 per share 23,962 $8.58 Direct F2
holding MBC Stock option (right to buy) 07 May 2023 Common Stock, par value $0.01 per share 24,706 $10.76 Direct F3
holding MBC Stock option (right to buy) 07 May 2023 Common Stock, par value $0.01 per share 25,717 $10.75 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes a total of 169,097 restricted stock units that have not yet vested and 40,348 shares, the receipt of which has been deferred under the issuer's deferred compensation plan.
F2 All of the options have vested.
F3 Two-thirds of the options have vested. The remaining one-third will vest in on February 28, 2024, subject to the reporting person's continued employment with the issuer.
F4 One-third of the options have vested. The remaining two-thirds will vest in in two equal annual installments beginning on February 28, 2024, subject to the reporting person's continued employment with the issuer.