Robert E. Lewis - 25 Feb 2022 Form 4 Insider Report for MASONITE INTERNATIONAL CORP (DOOR)

Role
Senior Vice President, General Counsel and Corporate Secretary
Signature
/s/ Robert E. Lewis
Issuer symbol
DOOR
Transactions as of
25 Feb 2022
Transactions value $
-$290,670
Form type
4
Filing time
28 Feb 2022, 15:18:28 UTC
Previous filing
24 Feb 2022
Next filing
08 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOOR Common Shares Tax liability -$41.6K -452 -3.11% $92.13 14.1K 25 Feb 2022 Direct F1
transaction DOOR Common Shares Tax liability -$18.7K -203 -1.44% $92.13 13.9K 25 Feb 2022 Direct F1
transaction DOOR Common Shares Award $0 +6.31K +45.44% $0.00 20.2K 25 Feb 2022 Direct F2, F3
transaction DOOR Common Shares Tax liability -$230K -2.5K -12.38% $92.13 17.7K 25 Feb 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 The performance-based restricted stock units were previously granted on February 25, 2019 and were subject to the achievement of certain pre-established financial metrics based on the results for fiscal year 2021. On February 25, 2022, 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.
F4 Shares withheld by the Issuer to cover tax withholding obligations arising from the vesting and delivery of Performance Restricted Stock Units

Remarks:

Senior Vice President, General Counsel and Corporate Secretary