AI assistant
MASCO CORP /DE/ — Director's Dealing 2015
Nov 4, 2015
30419_dirs_2015-11-04_72fd9997-9eb9-44eb-9f5d-3a2ad06bda1c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MASCO CORP /DE/ (MAS)
CIK: 0000062996
Period of Report: 2015-11-04
Reporting Person: Allman Keith J. (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-04 | Common Stock | M | 30770.0000 | $19.6641 | Acquired | 243278.0000 | Direct |
| 2015-11-04 | Common Stock | M | 27351.0000 | $26.6751 | Acquired | 270629.0000 | Direct |
| 2015-11-04 | Common Stock | M | 14245.0000 | $23.3407 | Acquired | 284874.0000 | Direct |
| 2015-11-04 | Common Stock | S | 8308.0000 | $29.2351 | Disposed | 276566.0000 | Direct |
| 2015-11-04 | Common Stock | F | 12692.0000 | $29.2344 | Disposed | 263874.0000 | Direct |
| 2015-11-04 | Common Stock | F | 25329.0000 | $29.2352 | Disposed | 238545.0000 | Direct |
| 2015-11-04 | Common Stock | F | 26037.0000 | $29.2357 | Disposed | 212508.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-04 | Employee Stock Option | $19.6641 | M | 30770.0000 | Disposed | 2024-02-12 | Common Stock (30770.0000) | Direct |
| 2015-11-04 | Employee Stock Option | $26.6751 | M | 27351.0000 | Disposed | 2017-05-24 | Common Stock (27351.0000) | Direct |
| 2015-11-04 | Employee Stock Option | $23.3407 | M | 14245.0000 | Disposed | 2016-07-26 | Common Stock (14245.0000) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.18 to $29.27, 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 this footnote (1) to this Form 4.
F2: In connection with the spin-off of TopBuild Corp. by Masco Corporation ("Masco") on June 30, 2015, outstanding stock options granted under the Masco 2014 Long Term Stock Incentive Plan by Masco to all plan participants, including to the reporting person, were adjusted on a value neutral basis to preserve the options' pre-spin intrinsic value.
F3: This option is exercisable in five equal annual installments of 30,770 shares commencing February 12, 2015.
F4: Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.
F5: This option became exercisable in five equal annual installments commencing May 24, 2008.
F6: This option became exercisable in five equal annual installments commencing July 26, 2007.