SEC Form 4 · accession 0001580863-15-000034
MASONITE INTERNATIONAL CORP · DOOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenwood E Coulter Jr.
Officer — See Remarks
Period of report
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 7:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000893691
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Mar 3, 2015 | S | 13,000 | $62.00 | D | 20,191 | D | |
| Common Shares | Mar 3, 2015 | M | 15,159 | $19.06 | A | 35,350 | D | |
| Common Shares | Mar 3, 2015 | M | 18,574 | $20.19 | A | 53,924 | D | |
| Common SharesF1 | Mar 3, 2015 | F | 10,697 | $62.07 | D | 43,227 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF2 | $19.06 | Mar 3, 2015 | M | 15,159 | D | — | Dec 12, 2019 | Common Shares | 15,159 | 0 | D |
| Stock Appreciation RightF3 | $20.19 | Mar 3, 2015 | M | 18,574 | D | — | Jul 5, 2021 | Common Shares | 18,574 | 0 | D |
Explanation of responses
- F1Shares withheld by the Issuer to cover the exercise price obligations arising from the exercise of Stock Appreciation Rights reported on this form.
- F2This Stock Appreciation Right vested 53% on April 1, 2011 and 47% on April 1, 2012, based on the achievement of performance criteria.
- F3This Stock Appreciation Right vested 50% on December 31, 2012, and will vest an additional 25% on December 31, 2013, and 25% on December 31, 2014.
Remarks
Executive Vice President, Global Operations and Europe