SEC Form 4 · accession 0001580863-15-000040
MASONITE INTERNATIONAL CORP · DOOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gail N Auerbach
Officer — Senior VP, Human Resources
Period of report
Apr 6, 2015
Accepted (ET)
Apr 8, 2015 · 5:57 pm EDT
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 | Apr 6, 2015 | M | 8,885 | $13.64 | A | 34,902 | D | |
| Common Shares | Apr 6, 2015 | M | 12,696 | $19.06 | A | 47,598 | D | |
| Common SharesF2 | Apr 6, 2015 | F | 5,362 | $67.75 | D | 42,236 | D | |
| Common SharesF3,F4 | Apr 7, 2015 | S | 4,864 | $67.75 | D | 37,372 | 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 RightF5 | $13.64 | Apr 6, 2015 | M | 8,885 | D | — | Jul 9, 2019 | Common Shares | 8,885 | 0 | D |
| Stock Appreciation RightF6 | $19.06 | Apr 6, 2015 | M | 12,696 | D | — | Dec 12, 2019 | Common Shares | 12,696 | 0 | D |
Explanation of responses
- F1The exercises of Stock Appreciation Rights reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2Shares withheld by the Issuer to cover the exercise price obligations arising from the exercise of Stock Appreciation Rights reported on this form.
- F3The sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $67.71 to $67.76, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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 range set forth above.
- F5This Stock Appreciation Right vested 30% on July 9, 2010, 30% on July 9, 2011, 20% on July 9, 2012, and 20% on July 9, 2013.
- F6This Stock Appreciation Right vested 53% on April 1, 2011 and 47% on April 1, 2012, based on the achievement of performance criteria.