MASCO CORP /DE/ — Director's Dealing 2019

Mar 11, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASCO CORP /DE/ (MAS)
CIK: 0000062996
Period of Report: 2019-03-08

Reporting Person: Lindow John P (VP, Controller and CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-08	Common Stock	M	10484.0000	$11.2492	Acquired	60454.0000	Direct
2019-03-08	Common Stock	M	10484.0000	$10.2401	Acquired	70938.0000	Direct
2019-03-08	Common Stock	S	10484.0000	$39.0127	Disposed	60454.0000	Direct
2019-03-08	Common Stock	S	10484.0000	$38.9805	Disposed	49970.0000	Direct
2019-03-08	Common Stock	S	16827.0000	$39.1607	Disposed	33143.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-08	Employee Stock Option	$10.2401	M	10484.0000	Disposed	2022-02-15	Common Stock (10484.0000)	Direct
2019-03-08	Employee Stock Option	$11.2492	M	10484.0000	Disposed	2021-02-16	Common Stock (10484.0000)	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 $38.925 to $39.090, 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), (2) and (3) 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 $38.935 to $39.140, inclusive.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.155 to $39.205, inclusive.

F4: 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.

F5: This option became exercisable in five equal annual installments commencing February 15, 2013.

F6: Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.

F7: This option became exercisable in five equal annual installments commencing February 16, 2012.