4//SEC Filing
MASCO CORP /DE/ 4
Accession 0001225208-16-032650
$MASCIK 0000062996operating
Filed
May 4, 8:00 PM ET
Accepted
May 5, 10:11 AM ET
Size
10.1 KB
Accession
0001225208-16-032650
Insider Transaction Report
Form 4
ARCHER DENNIS W
Director
Transactions
- Exercise/Conversion
Common Stock
2016-05-03$28.65/sh+9,117$261,197→ 55,876 total - Sale
Common Stock
2016-05-03$30.95/sh−680$21,049→ 55,196 total - Tax Payment
Common Stock
2016-05-03$30.95/sh−8,437$261,167→ 46,759 total - Exercise/Conversion
Non-Employee Director Stock Option
2016-05-03−9,117→ 0 totalExercise: $28.65Exp: 2016-05-09→ Common Stock (9,117 underlying)
Footnotes (4)
- [F1]In connection with the spin-off of TopBuild Corp. by Masco Corporation ("Masco") on June 30, 2015, outstanding unvested restricted stock awards granted by Masco to all equity plan participants, including to the reporting person, were adjusted on a value neutral basis to preserve the awards' pre-spin intrinsic value.
- [F2]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.
- [F3]This option became exercisable in five equal annual installments commencing May 9, 2007.
- [F4]Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.
Documents
Issuer
MASCO CORP /DE/
CIK 0000062996
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000062996
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 10:11 AM ET
- Size
- 10.1 KB