0001225208-24-003304.txt : 20240229
0001225208-24-003304.hdr.sgml : 20240229
20240229163751
ACCESSION NUMBER: 0001225208-24-003304
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240227
FILED AS OF DATE: 20240229
DATE AS OF CHANGE: 20240229
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Shah Jai
CENTRAL INDEX KEY: 0001554872
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05794
FILM NUMBER: 24704471
MAIL ADDRESS:
STREET 1: 17450 COLLEGE PARKWAY
CITY: LIVONIA
STATE: MI
ZIP: 48152
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MASCO CORP /DE/
CENTRAL INDEX KEY: 0000062996
STANDARD INDUSTRIAL CLASSIFICATION: HEATING EQUIP, EXCEPT ELEC & WARM AIR & PLUMBING FIXTURES [3430]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 381794485
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 17450 COLLEGE PARKWAY
CITY: LIVONIA
STATE: MI
ZIP: 48152
BUSINESS PHONE: 3132747400
MAIL ADDRESS:
STREET 1: 17450 COLLEGE PARKWAY
CITY: LIVONIA
STATE: MI
ZIP: 48152
FORMER COMPANY:
FORMER CONFORMED NAME: MASCO SCREW PRODUCTS CO
DATE OF NAME CHANGE: 19731025
4
1
doc4.xml
X0508
4
2024-02-27
0000062996
MASCO CORP /DE/
MAS
0001554872
Shah Jai
17450 COLLEGE PARKWAY
LIVONIA
MI
48152
1
Group President
0
Common Stock
2024-02-27
4
M
0
12700.0000
25.5100
A
54960.0000
D
Common Stock
2024-02-27
4
M
0
3422.0000
22.9195
A
58382.0000
D
Common Stock
2024-02-27
4
S
0
16122.0000
76.3546
D
42260.0000
D
Common Stock
2024-02-27
4
S
0
26430.0000
76.3635
D
15830.0000
D
Employee Stock Option
25.5100
2024-02-27
4
M
0
12700.0000
D
2026-02-10
Common Stock
12700.0000
0.0000
D
Employee Stock Option
22.9195
2024-02-27
4
M
0
3422.0000
D
2025-02-11
Common Stock
3422.0000
0.0000
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.35 to $76.40, 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 footnote (1) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.35 to $76.41, 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 footnote (2) to this Form 4.
This option became exercisable in five equal annual installments commencing February 10, 2017.
Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.
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.
This option became exercisable in five equal annual installments commencing February 11, 2016.
Yvette M. VanRiper by Power of Attorney
2024-02-29