Kurt Wanninger - May 7, 2023 Form 3 Insider Report for MasterBrand, Inc. (MBC)

Role: EVP & Chief Operations Officer
Signature: Andrean R. Horton, attorney-in-fact for Kurt Wanninger
Stock symbol: MBC
Transactions as of: May 7, 2023
Transactions value $: $0
Form type: 3
Date filed: 5/17/2023, 03:31 PM
Next filing: Dec 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MBC	Common Stock, par value $0.01 per share						235K	May 7, 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	MBC	Stock option (right to buy)							May 7, 2023	Common Stock, par value $0.01 per share	14.8K	$5.94	Direct	F2
holding	MBC	Stock option (right to buy)							May 7, 2023	Common Stock, par value $0.01 per share	24K	$8.58	Direct	F2
holding	MBC	Stock option (right to buy)							May 7, 2023	Common Stock, par value $0.01 per share	24.7K	$10.76	Direct	F3
holding	MBC	Stock option (right to buy)							May 7, 2023	Common Stock, par value $0.01 per share	25.7K	$10.75	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes a total of 169,097 restricted stock units that have not yet vested and 40,348 shares, the receipt of which has been deferred under the issuer's deferred compensation plan.
F2	All of the options have vested.
F3	Two-thirds of the options have vested. The remaining one-third will vest in on February 28, 2024, subject to the reporting person's continued employment with the issuer.
F4	One-third of the options have vested. The remaining two-thirds will vest in in two equal annual installments beginning on February 28, 2024, subject to the reporting person's continued employment with the issuer.