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MASCO CORP /DE/ — Director's Dealing 2023
Feb 15, 2023
30419_dirs_2023-02-15_74e2cfce-3c9c-41cb-bfe4-a62779ef90d0.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: 2023-02-13
Reporting Person: Ahmad Imran (Group President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-13 | Phantom Restricted Stock Unit | $ | A | 4000.0000 | Acquired | Common Stock (4000.0000) | Direct | |
| 2023-02-13 | Stock Appreciation Right | $56.5600 | A | 22170.0000 | Acquired | 2033-02-13 | Common Stock (22170.0000) | Direct |
Footnotes
F1: Each unit of a Phantom Restricted Stock Unit is the cash equivalent of the fair market value of one share of Common Stock. The unit of Phantom Restricted Stock will be settled in cash upon each applicable annual vesting date.
F2: Each unit of a Phantom Restricted Stock Unit became convertible into the cash equivalent of the fair market value of one share of Common Stock in three equal annual installments commencing on the annual vesting date of the year following the year of grant. The date exercisable represents the first vesting date for this Phantom Restricted Stock Unit.
F3: Represents holdings as of February 13, 2023.
F4: Each Stock Appreciation Right will become convertible into the cash equivalent of the fair market value of the gain in the price of one share of Common Stock in three equal annual installments, commencing on the one-year anniversary of the grant date. The date exercisable represents the first vesting date for this Stock Appreciation Right. Each Stock Appreciation Right has an expiration date of February 13, 2033.