Javier Feliciano - 28 Feb 2022 Form 4 Insider Report for Meritage Homes CORP (MTH)

Role: EVP Chief People Officer
Signature: /s/ Alison Sasser, attorney-in-fact for Javier Feliciano
Issuer symbol: MTH
Transactions as of: 28 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 02 Mar 2022, 11:59:41 UTC
Next filing: 04 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTH	MTH Common Shares	Award	$0	+2,726	+46%	$0.000000	8,690	28 Feb 2022	Direct	F1, F2
transaction	MTH	MTH Common Stock	Options Exercise	$0	+2,286	+16%	$0.000000	16,304	01 Mar 2022	Direct	F3
transaction	MTH	MTH Common Stock	Award	$0	+4,889	+30%	$0.000000	21,193	01 Mar 2022	Direct	F3, F4

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
transaction	MTH	Performance Rights	Options Exercise	$0	-2,286	-100%	$0.000000^*	0	01 Mar 2022	MTH Common Shares	2,286	$0.000000	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Represents grant of restricted share units. The shares were granted according to a three-year cliff vesting schedule.
F2	Balance represents restricted stock units not vested.
F3	Represents vesting of restricted stock units upon achievement of pre-specified performance targets.
F4	Balance reflects all other holdings, including restricted stock units that have previously vested.