O'Reagan Richard A. 4
4 · MASCO CORP /DE/ · Filed Aug 5, 2020
Insider Transaction Report
Form 4
O'Reagan Richard A.
Gr. Pres. - Global Plmb.
Transactions
- Exercise/Conversion
Common Stock
2020-08-04$22.92/sh+38,747$888,062→ 82,300 total - Sale
Common Stock
2020-08-04$57.15/sh−38,747$2,214,232→ 36,053 total - Sale
Common Stock
2020-08-04$57.00/sh−7,500$427,537→ 74,800 total - Exercise/Conversion
Employee Stock Option
2020-08-04−38,747→ 0 totalExercise: $22.92Exp: 2025-02-11→ Common Stock (38,747 underlying)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.00 to $57.04, 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 footnotes (1) and (2) 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 $57.00 to $57.32, inclusive.
- [F3]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.
- [F4]This option became exercisable in five equal annual installments commencing February 11, 2016.
- [F5]Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.