Keith J. Allman, Masco Corporation's President and CEO and a director of the company, recently acquired 64,470 shares of the company. The buys took place at prices ranging from $0.00 to $60.68 per share, on dates ranging from February 08 to February 09, 2022. Allman now owns 344,485 shares of the company. Allman operates out of Livonia, MI. Some additional info was provided as follows:
Shares reported in this column represent shares awarded in connection with the vesting of performance stock units awarded on March 21, 2019, as certified by the Organization and Compensation Committee on February 3, 2022.
This transaction was made pursuant to a 10b5-1 trading plan entered into by the reporting person.
The price reported in Column 4 is a weighted average price . These shares were sold in multiple transactions at prices ranging from $60.12 to $61.10, 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 this footnote (3) to this Form 4.
This option is exercisable in three approximately equal annual installments of 55,543 shares commencing February 8, 2023.
Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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