SEC Form 4 · accession 0001225208-15-004949
MASCO CORP /DE/ · MAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John G Sznewajs
Officer — VP, Treasurer and CFO
Period of report
Feb 19, 2015
Accepted (ET)
Feb 20, 2015 · 2:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000062996
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 19, 2015 | M | 70,000 | $12.82 | A | 259,046 | D | |
| Common Stock | Feb 19, 2015 | S | 20,719 | $26.7699 | D | 238,327 | D | |
| Common Stock | Feb 19, 2015 | F | 49,281 | $26.7699 | D | 189,046 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF2,F1 | $12.82 | Feb 19, 2015 | M | 70,000 | D | — | Feb 16, 2021 | Common Stock | 70,000 | 75,000 | D |
Explanation of responses
- F1This option, representing a right to purchase a total of 145,000 shares, is exercisable in five equal annual installments of 29,000 shares commencing February 16, 2012.
- F2Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.