SEC Form 4 · accession 0001225208-15-009014
MASCO CORP /DE/ · MAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Lindow
Officer — VP-Controller
Period of report
Mar 31, 2015
Accepted (ET)
Apr 1, 2015 · 5:02 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 31, 2015 | M | 46,000 | $13.81 | A | 113,654 | D | |
| Common Stock | Mar 31, 2015 | M | 36,800 | $12.82 | A | 150,454 | D | |
| Common Stock | Mar 31, 2015 | M | 13,800 | $11.67 | A | 164,254 | D | |
| Common Stock | Mar 31, 2015 | M | 9,180 | $8.03 | A | 173,434 | D | |
| Common Stock | Mar 31, 2015 | S | 4,379 | $26.5631 | D | 169,055 | D | |
| Common Stock | Mar 31, 2015 | F | 4,801 | $26.5631 | D | 164,254 | D | |
| Common Stock | Mar 31, 2015 | S | 5,288 | $26.6712 | D | 158,966 | D | |
| Common Stock | Mar 31, 2015 | F | 8,512 | $26.6712 | D | 150,454 | D | |
| Common Stock | Mar 31, 2015 | S | 13,008 | $26.5865 | D | 137,446 | D | |
| Common Stock | Mar 31, 2015 | S | 14,853 | $26.5466 | D | 122,593 | D | |
| Common Stock | Mar 31, 2015 | F | 23,792 | $26.5865 | D | 98,801 | D | |
| Common Stock | Mar 31, 2015 | F | 31,147 | $26.5466 | D | 67,654 | 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 31, 2015 | M | 9,180 | D | — | Feb 9, 2019 | Common Stock | 9,180 | 0 | D |
| Employee Stock OptionF2,F3 | $13.81 | Mar 31, 2015 | M | 46,000 | D | — | Feb 12, 2020 | Common Stock | 46,000 | 0 | D |
| Employee Stock OptionF2,F4 | $11.67 | Mar 31, 2015 | M | 13,800 | D | — | Feb 15, 2022 | Common Stock | 13,800 | 9,200 | D |
| Employee Stock OptionF2,F5 | $12.82 | Mar 31, 2015 | M | 36,800 | D | — | Feb 16, 2021 | Common Stock | 36,800 | 9,200 | 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 23,000 shares, is exercisable in five equal annual installments of 4,600 shares commencing February 15, 2013.
- F5This option, representing a right to purchase a total of 46,000 shares, is exercisable in five equal annual installments of 9,200 shares commencing February 16, 2012.