Item 15. Exhibits and Financial Statement Schedules.
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Item 15. Exhibits and Financial Statement Schedules.
a. Listing of Documents.
(1)Financial Statements. Our consolidated financial statements included in Item 8 hereof, as required at December 31, 2021 and 2020, and for the years ended December 31, 2021, 2020 and 2019, consist of the following:
(2)Financial Statement Schedule.
a. Our Financial Statement Schedule appended hereto, as required for the years ended December 31, 2021, 2020 and 2019, consists of the following:
| II. Valuation and Qualifying Accounts | 91 |
(3)Exhibits.
| Exhibit No. | Incorporated By Reference | Filed Herewith | ||||||||||||||||||||||||||||||||||||
| Exhibit Description | Form | Exhibit | Filing Date | |||||||||||||||||||||||||||||||||||
| 2.a | Stock Purchase Agreement, dated September 29, 2019, by and between Masco Corporation and MIWD Holding Company LLC. | 8-K | 2.1 | 10/03/2019 | ||||||||||||||||||||||||||||||||||
| 2.b | Securities Purchase Agreement, dated November 14, 2019, by and between Masco Corporation and ACP Products, Inc. | 8-K | 2.1 | 11/18/2019 | ||||||||||||||||||||||||||||||||||
| Note 1: | Disclosure schedules and certain exhibits have been omitted from Exhibit No. 2.a and 2.b pursuant to Item 601(b)(2) of Regulation S-K. Each Agreement as filed identifies such schedules and exhibits, including the general nature of their contents. Masco agrees to furnish a copy of any omitted attachment to the Securities Exchange Commission on a confidential basis upon request. | |||||||||||||||||||||||||||||||||||||
| 3.a | Restated Certificate of Incorporation of Masco Corporation. | 2015 10-K | 3.i | 02/12/2016 | ||||||||||||||||||||||||||||||||||
| 3.b | Bylaws of Masco Corporation, as Amended and Restated on February 5, 2021. | 2020 10-K | 3.b | 02/09/2021 | ||||||||||||||||||||||||||||||||||
| 4.a | Indenture dated as of December 1, 1982 between Masco Corporation and The Bank of New York Mellon Trust Company, N.A., as successor trustee under agreement originally with Morgan Guaranty Trust Company of New York, as Trustee, and Supplemental Indenture thereto dated as of July 26, 1994; and Directors' resolutions establishing Masco Corporation's: | 2016 10-K | 4.a | 02/09/2017 | ||||||||||||||||||||||||||||||||||
| 4.a.i | 7-3/4% Debentures Due August 1, 2029. | 2014 10-K | 4.a.i(ii) | 02/13/2015 |
| Exhibit No. | Incorporated By Reference | Filed Herewith | |||||||||||||||||||||||||||||||||||||||
| Exhibit Description | Form | Exhibit | Filing Date | ||||||||||||||||||||||||||||||||||||||
| 4.b | Indenture dated as of February 12, 2001 between Masco Corporation and The Bank of New York Mellon Trust Company, N.A., as successor trustee under agreement originally with Bank One Trust Company, National Association, as Trustee, and Supplemental Indenture thereto dated as of November 30, 2006; and Directors' Resolutions establishing Masco Corporation's: | 2016 10-K | 4.b | 02/09/2017 | |||||||||||||||||||||||||||||||||||||
| 4.b.i | 6-1/2% Notes Due August 15, 2032; | 2017 10-K | 4.b.i | 02/08/2018 | |||||||||||||||||||||||||||||||||||||
| 4.b.ii | 3.500% Notes Due November 15, 2027; and | 8-K | 4.1 | 06/15/2017 | |||||||||||||||||||||||||||||||||||||
| 4.b.iii | 4.500% Notes Due May 15, 2047. | 8-K | 4.2 | 06/15/2017 | |||||||||||||||||||||||||||||||||||||
| 4.b.iv | Second Supplemental Indenture, dated as of September 18, 2020, between Masco Corporation and The Bank of New York Mellon Trust Company, N.A., as successor trustee. | 8-K | 4.3 | 09/18/2020 | |||||||||||||||||||||||||||||||||||||
| 4.b.v | 4.500% Notes Due May 15, 2047 | 8-K | 4.2 | 09/18/2020 | |||||||||||||||||||||||||||||||||||||
| 4.b.vi | 2.000% Notes Due October 1, 2030 | 8-K | 4.1 | 09/18/2020 | |||||||||||||||||||||||||||||||||||||
| 4.b.vii | 1.500% Notes Due February 15, 2028 | 8-K | 4.1 | 03/04/2021 | |||||||||||||||||||||||||||||||||||||
| 4.b.viii | 2.000% Notes Due February 15, 2031 | 8-K | 4.2 | 03/04/2021 | |||||||||||||||||||||||||||||||||||||
| 4.b.ix | 3.125% Notes Due February 15, 2051 | 8-K | 4.3 | 03/04/2021 | |||||||||||||||||||||||||||||||||||||
| Note 2: | Other instruments, notes or extracts from agreements defining the rights of holders of long-term debt of Masco Corporation or its subsidiaries have not been filed since (i) in each case the total amount of long-term debt permitted thereunder does not exceed 10 percent of Masco Corporation's consolidated assets, and (ii) such instruments, notes and extracts will be furnished by Masco Corporation to the Securities and Exchange Commission upon request. | ||||||||||||||||||||||||||||||||||||||||
| 4.c | Description of securities. | 2019 10-K | 4.c | 02/11/2020 | |||||||||||||||||||||||||||||||||||||
| 10.a | Credit Agreement dated as of March 13, 2019 by and among Masco Corporation and Masco Europe S.à r.l. as borrowers, the lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A. and PNC Bank, National Association, as Co-Syndication Agents, and Deutsche Bank Securities, Inc., Royal Bank of Canada, SunTrust Bank, Bank of America, N.A., Fifth Third Bank and Wells Fargo Bank, National Association, as Co-Documentation Agents, as amended by Amendment No. 1 dated as of December 22, 2021. | 8-K | 10 | 12/22/2021 | |||||||||||||||||||||||||||||||||||||
| Note 3: | Exhibits 10.b through 10.i constitute the management contracts and executive compensatory plans or arrangements in which certain of the directors and executive officers of the Company participate. | ||||||||||||||||||||||||||||||||||||||||
| 10.b | Masco Corporation 2005 Long Term Stock Incentive Plan (Amended and Restated May 11, 2010): | 2015 10-K | 10.b.i | 02/12/2016 | |||||||||||||||||||||||||||||||||||||
| Form of Stock Option Grant Agreements: | |||||||||||||||||||||||||||||||||||||||||
| 10.b.i | for grants on or after January 1, 2013 | 2017 10-K | 10.b.iii | 02/08/2018 | |||||||||||||||||||||||||||||||||||||
| 10.b.ii | for grants during 2012 | 2017 10-K | 10.b.iv | 02/08/2018 | |||||||||||||||||||||||||||||||||||||
| 10.b.iii | for grants prior to 2012 | 2015 10-K | 10.b.i(ii)(C) | 02/12/2016 |
| Exhibit No. | Incorporated By Reference | Filed Herewith | ||||||||||||||||||||||||||||||||||||
| Exhibit Description | Form | Exhibit | Filing Date | |||||||||||||||||||||||||||||||||||
| 10.c | Masco Corporation 2014 Long Term Stock Incentive Plan (Amended and Restated May 9, 2016): | 10-Q | 10.a | 07/26/2016 | ||||||||||||||||||||||||||||||||||
| Form of Restricted Stock Award Agreements: | ||||||||||||||||||||||||||||||||||||||
| 10.c.i | for awards prior to July 1, 2018 | 8-K | 10.b | 05/06/2014 | ||||||||||||||||||||||||||||||||||
| 10.c.ii | for awards on or after July 1, 2018 | 2018 10-K | 10.c.ii | 02/07/2019 | ||||||||||||||||||||||||||||||||||
| Form of Restricted Stock Unit Award Agreements: | ||||||||||||||||||||||||||||||||||||||
| 10.c.iii | for awards between December 17, 2019 and February 2, 2022 | 2019 10-K | 10.c.iii | 02/11/2020 | ||||||||||||||||||||||||||||||||||
| 10.c.iv | for awards on or after February 3, 2022 | X | ||||||||||||||||||||||||||||||||||||
| Form of Stock Option Grant Agreements: | ||||||||||||||||||||||||||||||||||||||
| 10.c.v | for grants prior to July 1, 2018 | 8-K | 10.d | 05/06/2014 | ||||||||||||||||||||||||||||||||||
| 10.c.vi | for grants between July 1, 2018 and December 17, 2019 | 2018 10-K | 10.c.iv | 02/07/2019 | ||||||||||||||||||||||||||||||||||
| 10.c.vii | for grants between December 17, 2019 and February 3, 2022 | 2019 10-K | 10.c.vi | 02/11/2020 | ||||||||||||||||||||||||||||||||||
| 10.c.viii | for grants on or after February 3, 2022 | X | ||||||||||||||||||||||||||||||||||||
| 10.c.xi | Form of Long Term Incentive Program Award Agreement for awards prior to December 17, 2019. | 2018 10-K | 10.c.v | 02/07/2019 | ||||||||||||||||||||||||||||||||||
| 10.c.x | Long-Term Incentive Program under Masco Corporation's 2014 Long Term Stock Incentive Plan (December 17, 2019) and form of Performance Restricted Stock Unit Award Agreement thereunder. | 10-Q | 10.a | 04/29/2020 | ||||||||||||||||||||||||||||||||||
| 10.c.xi | Long-Term Incentive Program under Masco Corporation's 2014 Long Term Stock Incentive Plan (Amended and Restated February 3, 2022) and form of Performance Restricted Stock Unit Award Agreement thereunder. | X | ||||||||||||||||||||||||||||||||||||
| 10.c.xii | Non-Employee Directors Equity Program under Masco Corporation's 2014 Long Term Stock Incentive Plan (Amended and Restated May 9, 2016). | 10-Q | 10.b | 07/26/2016 | ||||||||||||||||||||||||||||||||||
| Form of Restricted Stock Award Agreement for Non-Employee Directors: | ||||||||||||||||||||||||||||||||||||||
| 10.c.xiii | for Non-Employee Directors for awards prior to July 1, 2018 | 8-K | 10.c | 05/06/2014 | ||||||||||||||||||||||||||||||||||
| 10.c.xiv | for Non-Employee Directors for awards after July 1, 2018 | 2018 10-K | 10.c.viii | 02/07/2019 | ||||||||||||||||||||||||||||||||||
| 10.c.xv | Non-Employee Directors Equity Program under Masco Corporation's 2014 Long Term Stock Incentive Plan (Amended and Restated February 7, 2020). | 2019 10-K | 10.c.xiii | 02/11/2020 | ||||||||||||||||||||||||||||||||||
| Form of Restricted Stock Unit Award Agreement for Non-Employee Directors: | ||||||||||||||||||||||||||||||||||||||
| 10.c.xvi | for awards between February 7, 2020 and February 3, 2022 | 2019 10-K | 10.c.xiv | 02/11/2020 | ||||||||||||||||||||||||||||||||||
| 10.c.xvii | for awards on or after February 3, 2022 | X | ||||||||||||||||||||||||||||||||||||
| 10.d | Form of Masco Corporation Supplemental Executive Retirement and Disability Plan and amendments thereto (includes amendment freezing benefit accruals) for John G. Sznewajs. | 2015 10-K | 10.d.i(ii) | 02/12/2016 | ||||||||||||||||||||||||||||||||||
| 10.e | Other compensatory arrangements for executive officers. | 2016 10-K | 10.f | 02/09/2017 | ||||||||||||||||||||||||||||||||||
| 10.f | Compensation of Non-Employee Directors. | X |
| Exhibit No. | Incorporated By Reference | Filed Herewith | ||||||||||||||||||||||||||||||
| Exhibit Description | Form | Exhibit | Filing Date | |||||||||||||||||||||||||||||
| 10.g | Masco Corporation Retirement Benefit Restoration Plan effective January 1, 1995 (as amended and restated December 22, 2010), and amendments thereto effective February 6, 2012 and January 1, 2014. | 2016 10-K | 10.i | 02/09/2017 | ||||||||||||||||||||||||||||
| 10.h | Employment Offer Letter dated May 3, 2021 between Richard Marshall and Masco Corporation | 10-Q | 10 | 07/29/2021 | ||||||||||||||||||||||||||||
| 10.i | Employment Offer Letter dated January 6, 2022 between Robin Zondervan and Masco Corporation | 8-K | 10 | 02/07/2022 | ||||||||||||||||||||||||||||
| 21 | List of Subsidiaries. | X | ||||||||||||||||||||||||||||||
| 23 | Consent of Independent Registered Public Accounting Firm relating to Masco Corporation's Consolidated Financial Statements and Financial Statement Schedule. | X | ||||||||||||||||||||||||||||||
| 31.a | Certification by Chief Executive Officer required by Rule 13a-14(a)/15d-14(a). | X | ||||||||||||||||||||||||||||||
| 31.b | Certification by Chief Financial Officer required by Rule 13a-14(a)/15d-14(a). | X | ||||||||||||||||||||||||||||||
| 32 | Certifications required by Rule 13a-14(b) or Rule 15d-14(b) and Section 1350 of Chapter 63 of Title 18 of the United States Code. | X | ||||||||||||||||||||||||||||||
| 101 | The following financial information from Masco Corporation's Annual Report on Form 10-K for the year ended December 31, 2021, formatted in Inline XBRL: (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Operations, (iii) the Consolidated Statements of Comprehensive Income (Loss), (iv) the Consolidated Statements of Cash Flows, (v) the Consolidated Statements of Shareholders' Equity, and (vi) Notes to Consolidated Financial Statements. | X | ||||||||||||||||||||||||||||||
| 104 | Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101) | X |
The Company will furnish to its stockholders a copy of any of the above exhibits not included herein upon the written request of such stockholder and the payment to the Company of the reasonable expenses incurred by the Company in furnishing such copy or copies.
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