SEC Form 4 · accession 0001580863-17-000018
MASONITE INTERNATIONAL CORP · DOOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence P Repar
Officer — See Remarks
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 5:20 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 | Feb 27, 2017 | M | 29,021 | $20.19 | A | 48,726 | D | |
| Common Shares | Feb 27, 2017 | M | 15,500 | $32.68 | A | 64,226 | D | |
| Common Shares | Feb 27, 2017 | D | 13,838 | $78.95 | D | 50,388 | D | |
| Common SharesF1 | Feb 27, 2017 | F | 11,036 | $78.95 | D | 39,352 | D | |
| Common SharesF2 | Feb 28, 2017 | S | 10,000 | $78.21 | D | 36,953 | D | |
| Common SharesF3 | Mar 1, 2017 | S | 9,647 | $79.00 | D | 26,966 | 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 RightF4 | $20.19 | Feb 27, 2017 | M | 29,021 | A | — | Jul 5, 2021 | Common Shares | 29,021 | 0 | D |
| Stock Appreciation Right | $32.68 | Feb 27, 2017 | M | 15,500 | A | Aug 6, 2016 | Aug 6, 2023 | Common Shares | 15,500 | 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $78.00 to $78.50, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $78.75 to $79.25, 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.
- F4This Stock Appreciation Right vested 50% on December 31, 2012; 25% on December 31, 2013 and 25% on December 31, 2014, based on the achievement of performance criteria.
Remarks
Executive Vice President & Chief Customer Experience Officer