Keith J. Allman - 07 Feb 2023 Form 4 Insider Report for MASCO CORP /DE/ (MAS)

Signature
Yvette M. VanRiper by Power of Attorney
Issuer symbol
MAS
Transactions as of
07 Feb 2023
Transactions value $
-$837,909
Form type
4
Filing time
09 Feb 2023, 15:56:27 UTC
Previous filing
06 Feb 2023
Next filing
13 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAS Common Stock Options Exercise $1.61M +45.4K +17.61% $35.52 304K 07 Feb 2023 Direct F1
transaction MAS Common Stock Sale -$468K -8.59K -2.83% $54.50 295K 07 Feb 2023 Direct F1, F2
transaction MAS Common Stock Sale -$1.98M -36.9K -12.5% $53.83 258K 07 Feb 2023 Direct F1, F3

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
transaction MAS Employee Stock Option Options Exercise -45.4K -20% 182K 07 Feb 2023 Common Stock 45.4K $35.52 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a 10b5-1 trading plan entered into by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.32 to $54.71, inclusive. The reporting person undertakes to provide to Masco Corporation, any security holder of Masco Corporation, 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 ranges set forth in footnotes (2) and (3) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.32 to $54.31, inclusive.
F4 This option, representing a right to purchase a total of 227,240 shares, is exercisable in five equal annual installments of 45,448 shares commencing February 7, 2020.
F5 Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.