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MASCO CORP /DE/ — Director's Dealing 2023
Aug 1, 2023
30419_dirs_2023-08-01_65168338-3f6d-4025-b5dd-a7585d2ebb95.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: 2023-07-28
Reporting Person: Straber Renee (VP - Chief HR Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-28 | Common Stock | M | 25625 | $25.51 | Acquired | 73195 | Direct |
| 2023-07-28 | Common Stock | S | 25625 | $61.1404 | Disposed | 47570 | Direct |
| 2023-07-28 | Common Stock | S | 15575 | $61.1144 | Disposed | 31995 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-07-28 | Employee Stock Option | $25.51 | M | 25625 | Disposed | 2026-02-10 | Common Stock (25625) | 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 $61.12 to $61.19, 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 range set forth in footnote (1) 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 $61.10 to $61.17, 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 range set forth in footnote (2) to this Form 4.
F3: This option became exercisable in five equal annual installments of 5,125 shares commencing February 10, 2017.
F4: Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transaction exempt under Rule 16b-3.