Form Type: 4

SEC EDGAR Link
Accession Number:0001225208-20-010245
Date:2020-08-04
Issuer: MASCO CORP /DE/ (MAS)
Original Submission Date:

Reporting Person:

O'REAGAN RICHARD A.
17450 COLLEGE PARKWAY
LIVONIA, MI 48152

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-08-04 M 38,747 a $22.92 82,300 direct
COMMON STOCK 2020-08-04 S 7,500 d $57.00 74,800 direct
COMMON STOCK 2020-08-04 S 38,747 d $57.15 36,053 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
EMPLOYEE STOCK OPTION 22.9195 2020-08-04 deemed execution date M 38,747 (d) 2025-02-11 common stock 38,747 $22.92 0 direct
Footnotes
IDfootnote
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.
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