MASCO CORP /DE/ 4

4 · MASCO CORP /DE/ · Filed May 5, 2016

Form 4

Period: 2016-05-03

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 total
Exercise: $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

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