Filing Details

Accession Number:
0001225208-23-010769
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-05 16:52:48
Reporting Period:
2023-12-04
Accepted Time:
2023-12-05 16:52:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
62996 Masco Corp MAS Hearing Equip, Except Elec & Warm Air; & Plumbing Fixtures (3430) 381794485
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1582303 G. Kenneth Cole 17450 College Parkway
Livonia MI 48152
Vp, General Counsel And Sec. No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2023-12-04 27,043 $22.92 97,241 No 4 M Direct
Common Stock Disposition 2023-12-04 27,043 $62.48 70,198 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option Disposition 2023-12-04 27,043 $0.00 27,043 $22.92
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2025-02-11 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.45 to $62.53, 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 range set forth in this footnote (1) to this Form 4.
  2. In 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.
  3. This option became exercisable in five equal annual installments commencing February 11, 2016.
  4. Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.