SEC Form 4 · accession 0001225208-15-007894
MASCO CORP /DE/ · MAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith J. Allman
Officer — President and CEO · Director
Period of report
Mar 13, 2015
Accepted (ET)
Mar 16, 2015 · 4:48 pm EDT
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 | Mar 13, 2015 | M | 44,200 | $18.58 | A | 239,675 | D | |
| Common Stock | Mar 13, 2015 | M | 43,500 | $11.67 | A | 283,175 | D | |
| Common Stock | Mar 13, 2015 | M | 29,000 | $20.36 | A | 312,175 | D | |
| Common Stock | Mar 13, 2015 | M | 17,680 | $13.81 | A | 329,855 | D | |
| Common Stock | Mar 13, 2015 | M | 16,000 | $9.41 | A | 345,855 | D | |
| Common Stock | Mar 13, 2015 | M | 8,840 | $8.03 | A | 354,695 | D | |
| Common Stock | Mar 13, 2015 | S | 3,308 | $26.4368 | D | 351,387 | D | |
| Common Stock | Mar 13, 2015 | S | 3,545 | $26.4385 | D | 347,842 | D | |
| Common Stock | Mar 13, 2015 | S | 4,532 | $26.435 | D | 343,310 | D | |
| Common Stock | Mar 13, 2015 | F | 5,532 | $26.4368 | D | 337,778 | D | |
| Common Stock | Mar 13, 2015 | S | 5,538 | $26.4353 | D | 332,240 | D | |
| Common Stock | Mar 13, 2015 | S | 7,028 | $26.3485 | D | 325,212 | D | |
| Common Stock | Mar 13, 2015 | F | 10,462 | $26.4353 | D | 314,750 | D | |
| Common Stock | Mar 13, 2015 | S | 13,050 | $26.4359 | D | 301,700 | D | |
| Common Stock | Mar 13, 2015 | F | 13,148 | $26.435 | D | 288,552 | D | |
| Common Stock | Mar 13, 2015 | F | 25,455 | $26.4385 | D | 263,097 | D | |
| Common Stock | Mar 13, 2015 | F | 30,450 | $26.4359 | D | 232,647 | D | |
| Common Stock | Mar 13, 2015 | F | 37,172 | $26.3485 | D | 195,475 | 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 | $8.03 | Mar 13, 2015 | M | 8,840 | D | — | Feb 9, 2019 | Common Stock | 8,840 | 0 | D |
| Employee Stock OptionF2,F3 | $13.81 | Mar 13, 2015 | M | 17,680 | D | — | Feb 12, 2020 | Common Stock | 17,680 | 0 | D |
| Employee Stock OptionF2,F4 | $20.36 | Mar 13, 2015 | M | 29,000 | D | — | Feb 13, 2023 | Common Stock | 29,000 | 43,500 | D |
| Employee Stock OptionF2,F5 | $11.67 | Mar 13, 2015 | M | 43,500 | D | — | Feb 15, 2022 | Common Stock | 43,500 | 29,000 | D |
| Employee Stock OptionF2,F6 | $18.58 | Mar 13, 2015 | M | 44,200 | D | — | May 12, 2018 | Common Stock | 44,200 | 0 | D |
| Employee Stock OptionF2,F7 | $9.41 | Mar 13, 2015 | M | 16,000 | D | — | Dec 5, 2021 | Common Stock | 16,000 | 16,000 | D |
Explanation of responses
- F1This option vested in five equal annual installments commencing February 9, 2010, and is therefore currently exercisable.
- F2Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.
- F3This option vested in five equal annual installments commencing February 12, 2011, and is therefore currently exercisable.
- F4This option, representing a right to purchase a total of 72,500 shares, is exercisable in five equal annual installments of 14,500 shares commencing February 13, 2014.
- F5This option, representing a right to purchase a total of 72,500 shares, is exercisable in five equal annual installments of 14,500 shares commencing February 15, 2013.
- F6This option vested in five equal annual installments commencing May 12, 2009, and is therefore currently exercisable.
- F7This option, representing a right to purchase a total of 40,000 shares, is exercisable in five equal annual installments of 8,000 shares commencing December 5, 2012.