MASCO CORP /DE/ — Director's Dealing 2021

Oct 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASCO CORP /DE/ (MAS)
CIK: 0000062996
Period of Report: 2021-10-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-28	Common Stock	M	21125.0000	$25.5100	Acquired	50713.0000	Direct
2021-10-28	Common Stock	M	19259.0000	$22.9195	Acquired	69972.0000	Direct
2021-10-28	Common Stock	M	13520.0000	$33.7500	Acquired	83492.0000	Direct
2021-10-28	Common Stock	M	13105.0000	$19.6641	Acquired	96597.0000	Direct
2021-10-28	Common Stock	S	67009.0000	$65.0043	Disposed	29588.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-28	Employee Stock Option	$25.5100	M	21125.0000	Disposed	2026-02-10	Common Stock (21125.0000)	Direct
2021-10-28	Employee Stock Option	$33.7500	M	13520.0000	Disposed	2027-02-10	Common Stock (13520.0000)	Direct
2021-10-28	Employee Stock Option	$22.9195	M	19259.0000	Disposed	2025-02-11	Common Stock (19259.0000)	Direct
2021-10-28	Employee Stock Option	$19.6641	M	13105.0000	Disposed	2024-02-12	Common Stock (13105.0000)	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 $64.74 to $65.30, 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: This option became exercisable in five equal annual installments commencing February 10, 2017.

F3: Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.

F4: This option, representing a right to purchase a total of 16,900 shares, is exercisable in five equal annual installments of 3,380 shares commencing February 10, 2018.

F5: 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.

F6: This option became exercisable in five equal annual installments commencing February 11, 2016.

F7: This option became exercisable in five equal annual installments commencing February 12, 2015.