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MASCO CORP /DE/ — Director's Dealing 2018
Aug 23, 2018
30419_dirs_2018-08-23_0477b730-899b-45ae-ac37-dbdc9d0607f3.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: 2018-08-21
Reporting Person: Sznewajs John G (VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-21 | Common Stock | M | 9518.0000 | $7.0461 | Acquired | 237578.0000 | Direct |
| 2018-08-21 | Common Stock | S | 9518.0000 | $39.3596 | Disposed | 228060.0000 | Direct |
| 2018-08-22 | Common Stock | M | 85579.0000 | $7.0461 | Acquired | 313639.0000 | Direct |
| 2018-08-22 | Common Stock | M | 1772.0000 | $7.0461 | Acquired | 315411.0000 | Direct |
| 2018-08-22 | Common Stock | S | 87351.0000 | $38.9022 | Disposed | 228060.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-21 | Employee Stock Option | $7.0461 | M | 9518.0000 | Disposed | 2019-02-09 | Common Stock (9518.0000) | Direct |
| 2018-08-22 | Employee Stock Option | $7.0461 | M | 1772.0000 | Disposed | 2019-02-09 | Common Stock (1772.0000) | Direct |
| 2018-08-22 | Employee Stock Option | $7.0461 | M | 85579.0000 | Disposed | 2019-02-09 | Common Stock (85579.0000) | 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 $$39.350 to $39.375, 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 (1) and (2) to this Form 4.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.780 to $39.305, inclusive.
F3: 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.
F4: This option became exercisable in five equal annual installments commencing February 9, 2010.
F5: Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.