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MASCO CORP /DE/ — Director's Dealing 2015
Jul 31, 2015
30419_dirs_2015-07-31_cfec9f3f-3ca9-4419-8b90-c6f72ff5741d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MASCO CORP /DE/ (MAS)
CIK: 0000062996
Period of Report: 2015-07-30
Reporting Person: MANOOGIAN RICHARD A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-07-30 | Common Stock | S | 300000.0000 | $26.2528 | Disposed | 1314611.0000 | 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 $26.11465 to $26.32672, 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 to this Form 4.
F2: In connection with the spin-off of TopBuild Corp. by Masco Corporation ("Masco") on June 30, 2015, outstanding unvested restricted stock awards granted by Masco to all equity plan participants, including to the reporting person, were adjusted on a value neutral basis to preserve the awards' pre-spin intrinsic value.