SEC Form 4 · accession 0001580863-16-000180
MASONITE INTERNATIONAL CORP · DOOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick J Lynch
Officer — President and CEO · Director
Period of report
May 10, 2016
Accepted (ET)
May 12, 2016 · 6:59 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 | May 10, 2016 | M | 90,000 | $13.64 | A | 302,922 | D | |
| Common SharesF1 | May 10, 2016 | F | 17,583 | $69.82 | D | 285,339 | D | |
| Common SharesF2 | May 11, 2016 | S | 72,417 | $69.02 | D | 212,922 | 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 RightF3 | $13.64 | May 10, 2016 | M | 90,000 | D | — | Jul 9, 2019 | Common Shares | 90,000 | 122,785 | 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $68.69 to $69.39, 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.
- F3This 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.