SEC Form 4 · accession 0001225208-19-004658

· MAS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP - Chief HR Officer

Period of report

Mar 4, 2019

Accepted (ET)

Mar 5, 2019 · 6:00 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
Common Stock	Mar 4, 2019	M	17,776	$22.9195	A	82,725	D
Common Stock	Mar 4, 2019	M	10,094	$12.1179	A	92,819	D
Common Stock^F1	Mar 4, 2019	S	10,094	$40.0011	D	82,725	D
Common Stock^F2	Mar 4, 2019	S	17,776	$39.9579	D	64,949	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option^F5,F3,F4	$22.9195	Mar 4, 2019	M	17,776	D	—	Feb 11, 2025	Common Stock	17,776	4,447	D
Employee Stock Option^F5,F6	$12.1179	Mar 4, 2019	M	10,094	D	—	Feb 12, 2020	Common Stock	10,094	0	D

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.990 to $40.011, 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 ranges set forth in footnotes (1) and (2) to this Form 4.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.950 to $39.981, inclusive.
F3In connection with the spin-off of TopBuild Corp. by Masco Corporation ("Masco") on June 30, 2015, outstanding stock options granted under the Masco 2014 Long Term Stock Incentive Plan by Masco to all plan participants, including to the reporting person, were adjusted on a value neutral basis to preserve the options' pre-spin intrinsic value.
F4This option is exercisable in five equal annual installments of 4,447 shares commencing February 11, 2016.
F5Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.
F6This option became exercisable in five equal annual installments commencing February 12, 2011.