VAN LOKEREN MARY ANN 4
4 · MASCO CORP /DE/ · Filed Mar 13, 2018
Insider Transaction Report
Form 4
VAN LOKEREN MARY ANN
Director
Transactions
- Exercise/Conversion
Common Stock
2018-03-12$16.25/sh+9,117$148,159→ 57,026 total - Tax Payment
Common Stock
2018-03-12$42.77/sh−3,463$148,126→ 53,563 total - Sale
Common Stock
2018-03-12$42.77/sh−5,654$241,844→ 47,909 total - Exercise/Conversion
Non-Employee Director Stock Option
2018-03-12−9,117→ 0 totalExercise: $16.25Exp: 2018-05-13→ Common Stock (9,117 underlying)
Footnotes (3)
- [F1]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.
- [F2]This option became exercisable in five equal annual installments commencing May 13, 2009.
- [F3]Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.