Cole Kenneth G. 4
4 · MASCO CORP /DE/ · Filed Feb 26, 2024
Insider Transaction Report
Form 4
Cole Kenneth G.
VP, General Counsel and Sec.
Transactions
- Sale
Common Stock
2024-02-22$74.66/sh−21,210$1,583,573→ 58,885 total - Exercise/Conversion
Employee Stock Option
2024-02-22−15,000→ 18,750 totalExercise: $25.51Exp: 2026-02-10→ Common Stock (15,000 underlying) - Sale
Common Stock
2024-02-22$74.62/sh−15,000$1,119,366→ 80,095 total - Exercise/Conversion
Common Stock
2024-02-22$25.51/sh+15,000$382,650→ 95,095 total
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.60 to $74.69, 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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.65 to $74.72, 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 ranges set forth in footnote (2) to this Form 4.
- [F3]This option became exercisable in five equal annual installments commencing February 10, 2017.
- [F4]Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.